MML Investors Services LLC Grows Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

MML Investors Services LLC raised its position in iShares Select Dividend ETF (NASDAQ:DVY) by 15.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 34,939 shares of the company’s stock after purchasing an additional 4,553 shares during the period. MML Investors Services LLC’s holdings in iShares Select Dividend ETF were worth $4,719,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. NewEdge Advisors LLC increased its stake in shares of iShares Select Dividend ETF by 5.6% in the second quarter. NewEdge Advisors LLC now owns 75,747 shares of the company’s stock worth $9,164,000 after buying an additional 4,031 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of iShares Select Dividend ETF by 2.2% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock worth $6,461,000 after purchasing an additional 1,041 shares during the last quarter. Global Retirement Partners LLC raised its stake in shares of iShares Select Dividend ETF by 12.0% in the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after purchasing an additional 455 shares in the last quarter. Triad Wealth Partners LLC bought a new position in shares of iShares Select Dividend ETF during the second quarter worth about $40,000. Finally, Spire Wealth Management grew its stake in iShares Select Dividend ETF by 16.2% in the second quarter. Spire Wealth Management now owns 5,866 shares of the company’s stock worth $710,000 after purchasing an additional 819 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Down 0.1 %

Shares of NASDAQ DVY opened at $136.96 on Friday. The stock’s 50 day moving average price is $137.51 and its two-hundred day moving average price is $130.91. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09. The stock has a market capitalization of $20.41 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

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