Fidelity D & D Bancorp Inc. Makes New $219,000 Investment in iShares Select Dividend ETF (NASDAQ:DVY)

Fidelity D & D Bancorp Inc. purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,619 shares of the company’s stock, valued at approximately $219,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Addison Advisors LLC increased its holdings in iShares Select Dividend ETF by 107.1% in the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock valued at $28,000 after buying an additional 120 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new position in iShares Select Dividend ETF in the 2nd quarter valued at approximately $30,000. ORG Partners LLC acquired a new position in iShares Select Dividend ETF during the second quarter worth $32,000. Family Firm Inc. acquired a new position in iShares Select Dividend ETF during the second quarter worth $36,000. Finally, ORG Wealth Partners LLC acquired a new stake in iShares Select Dividend ETF in the third quarter valued at $36,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.0 %

Shares of DVY stock traded down $0.04 during mid-day trading on Friday, reaching $137.03. The stock had a trading volume of 45,204 shares, compared to its average volume of 446,048. The company has a market cap of $20.42 billion, a P/E 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. The business has a 50-day simple moving average of $137.46 and a 200 day simple moving average of $130.82.

iShares Select Dividend ETF Dividend Announcement

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