iShares Select Dividend ETF (NASDAQ:DVY) Stock Position Lifted by Arcus Capital Partners LLC

Arcus Capital Partners LLC grew its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 13.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 154,636 shares of the company’s stock after purchasing an additional 18,079 shares during the quarter. iShares Select Dividend ETF makes up 7.6% of Arcus Capital Partners LLC’s investment portfolio, making the stock its 3rd largest holding. Arcus Capital Partners LLC owned 0.10% of iShares Select Dividend ETF worth $20,887,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. International Assets Investment Management LLC raised its stake in shares of iShares Select Dividend ETF by 17,525.9% in the third quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after buying an additional 4,348,183 shares during the period. LPL Financial LLC lifted its holdings in iShares Select Dividend ETF by 2.5% during the second quarter. LPL Financial LLC now owns 1,401,205 shares of the company’s stock valued at $169,518,000 after purchasing an additional 34,221 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in iShares Select Dividend ETF by 2.1% during the second quarter. Commonwealth Equity Services LLC now owns 649,767 shares of the company’s stock worth $78,609,000 after purchasing an additional 13,366 shares during the period. Jane Street Group LLC raised its position in shares of iShares Select Dividend ETF by 1,872.8% in the first quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock valued at $76,060,000 after purchasing an additional 586,170 shares during the period. Finally, Raymond James & Associates raised its position in shares of iShares Select Dividend ETF by 2.9% in the third quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock valued at $78,940,000 after purchasing an additional 16,512 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $139.10 on Tuesday. iShares Select Dividend ETF has a 1 year low of $105.65 and a 1 year high of $139.90. The company’s fifty day simple moving average is $134.56 and its two-hundred day simple moving average is $128.15. The stock has a market capitalization of $20.73 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 declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a $1.5496 dividend. The ex-dividend date was Wednesday, September 25th.

iShares Select Dividend ETF 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.