Forte Capital LLC ADV Invests $246,000 in iShares Select Dividend ETF (NASDAQ:DVY)

Forte Capital LLC ADV purchased a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,820 shares of the company’s stock, valued at approximately $246,000.

Other hedge funds have also made changes to their positions in the company. Pathway Financial Advisers LLC lifted its holdings in shares of iShares Select Dividend ETF by 1.4% during the second quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock worth $740,000 after purchasing an additional 84 shares during the period. LS Investment Advisors LLC lifted its holdings in shares of iShares Select Dividend ETF by 1.6% during the second quarter. LS Investment Advisors LLC now owns 5,392 shares of the company’s stock worth $652,000 after purchasing an additional 85 shares during the period. Regatta Capital Group LLC lifted its holdings in shares of iShares Select Dividend ETF by 2.5% during the third quarter. Regatta Capital Group LLC now owns 3,715 shares of the company’s stock worth $502,000 after purchasing an additional 90 shares during the period. Dodds Wealth LLC lifted its holdings in shares of iShares Select Dividend ETF by 1.1% during the third quarter. Dodds Wealth LLC now owns 7,941 shares of the company’s stock worth $1,055,000 after purchasing an additional 90 shares during the period. Finally, Perfromance Wealth Partners LLC lifted its holdings in shares of iShares Select Dividend ETF by 0.9% during the second quarter. Perfromance Wealth Partners LLC now owns 10,034 shares of the company’s stock worth $1,214,000 after purchasing an additional 92 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $137.51 on Friday. iShares Select Dividend ETF has a 1-year low of $105.58 and a 1-year high of $138.70. The stock has a fifty day moving average price of $134.28 and a 200 day moving average price of $127.72. The company has a market cap of $20.49 billion, a PE ratio of 13.25 and a beta of 0.87.

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 issued a $1.5496 dividend. The ex-dividend date 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.