iShares International Select Dividend ETF (BATS:IDV) Reaches New 12-Month High – Should You Buy?

Shares of iShares International Select Dividend ETF (BATS:IDV) hit a new 52-week high on Tuesday . The company traded as high as $45.46 and last traded at $45.46, with a volume of 37348 shares trading hands. The stock had previously closed at $44.95.

iShares International Select Dividend ETF Stock Down 1.0%

The business has a 50-day moving average price of $43.62 and a 200-day moving average price of $41.67. The firm has a market capitalization of $6.91 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Several large investors have recently made changes to their positions in IDV. Strive Financial Group LLC acquired a new stake in iShares International Select Dividend ETF during the fourth quarter valued at $37,000. Bessemer Group Inc. acquired a new position in shares of iShares International Select Dividend ETF in the first quarter worth about $53,000. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares International Select Dividend ETF during the 4th quarter worth about $73,000. Colonial Trust Advisors boosted its stake in shares of iShares International Select Dividend ETF by 43.9% during the 4th quarter. Colonial Trust Advisors now owns 1,900 shares of the company’s stock worth $75,000 after acquiring an additional 580 shares in the last quarter. Finally, NBT Bank N A NY grew its position in shares of iShares International Select Dividend ETF by 4,489.7% during the 1st quarter. NBT Bank N A NY now owns 1,790 shares of the company’s stock valued at $76,000 after acquiring an additional 1,751 shares during the period.

iShares International Select Dividend ETF Company Profile

iShares International Select Dividend ETF, formerly iShares Dow Jones International Select Dividend Index Fund, seeks investment results that correspond to the price and yield performance of the Dow Jones EPAC 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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones World Developed-Ex.