Thrivent Financial for Lutherans Purchases 11,032 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Thrivent Financial for Lutherans grew its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 48.0% in the third quarter, Holdings Channel reports. The fund owned 34,012 shares of the company’s stock after acquiring an additional 11,032 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Select Dividend ETF were worth $4,594,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Addison Advisors LLC grew its stake in iShares Select Dividend ETF by 107.1% in the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $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 worth approximately $30,000. ORG Partners LLC bought a new stake in iShares Select Dividend ETF during the 2nd quarter valued at $32,000. Family Firm Inc. purchased a new stake in iShares Select Dividend ETF in the second quarter worth about $36,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.9 %

DVY opened at $142.08 on Monday. The stock has a market capitalization of $21.17 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm has a 50 day moving average price of $135.74 and a 200-day moving average price of $129.30. iShares Select Dividend ETF has a twelve month low of $109.90 and a twelve month high of $142.38.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a $1.5496 dividend. 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.