Tudor Financial Inc. Buys New Position in iShares Select Dividend ETF (NASDAQ:DVY)

Tudor Financial Inc. bought a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,396 shares of the company’s stock, valued at approximately $324,000.

Several other hedge funds have also recently added to or reduced their stakes in DVY. Addison Advisors LLC boosted its stake 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. bought a new stake in iShares Select Dividend ETF during the 2nd quarter valued at approximately $30,000. ORG Partners LLC bought a new stake in iShares Select Dividend ETF during the 2nd quarter valued at approximately $32,000. Family Firm Inc. bought a new stake in iShares Select Dividend ETF during the 2nd quarter valued at approximately $36,000. Finally, ORG Wealth Partners LLC bought a new stake in iShares Select Dividend ETF during the 3rd quarter valued at approximately $36,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.6 %

iShares Select Dividend ETF stock opened at $137.37 on Thursday. The business has a 50 day moving average price of $137.31 and a two-hundred day moving average price of $130.73. The stock has a market cap of $20.47 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $112.42 and a 12 month high of $144.09.

iShares Select Dividend ETF Announces Dividend

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 of this dividend was Wednesday, September 25th.

About iShares Select Dividend ETF

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.