Tradition Wealth Management LLC Increases Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Tradition Wealth Management LLC boosted its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,098 shares of the company’s stock after purchasing an additional 512 shares during the period. Tradition Wealth Management LLC’s holdings in iShares Select Dividend ETF were worth $3,525,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Addison Advisors LLC increased its holdings in iShares Select Dividend ETF by 107.1% during the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after purchasing an additional 120 shares during the period. 1620 Investment Advisors Inc. purchased a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth approximately $30,000. ORG Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth approximately $32,000. Family Firm Inc. purchased a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth approximately $36,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

DVY stock opened at $143.41 on Friday. iShares Select Dividend ETF has a fifty-two week low of $111.20 and a fifty-two week high of $144.09. The business’s 50 day moving average price is $136.57 and its two-hundred day moving average price is $129.93. The company has a market capitalization of $21.30 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a dividend of $1.5496 per share. The ex-dividend date was Wednesday, September 25th.

iShares Select Dividend ETF Company Profile

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.