Patten Group Inc. Acquires 159 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Patten Group Inc. raised its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,525 shares of the company’s stock after purchasing an additional 159 shares during the quarter. Patten Group Inc.’s holdings in iShares Select Dividend ETF were worth $257,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Bank of America Corp DE lifted its position in iShares Select Dividend ETF by 0.6% during the second quarter. Bank of America Corp DE now owns 8,819,612 shares of the company’s stock valued at $878,080,000 after purchasing an additional 56,291 shares during the last quarter. Morgan Stanley raised its stake in shares of iShares Select Dividend ETF by 3.7% in the second quarter. Morgan Stanley now owns 5,575,097 shares of the company’s stock valued at $555,057,000 after acquiring an additional 199,964 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares Select Dividend ETF by 2.8% in the third quarter. Envestnet Asset Management Inc. now owns 1,548,957 shares of the company’s stock valued at $157,916,000 after acquiring an additional 42,812 shares during the period. Royal Bank of Canada raised its stake in shares of iShares Select Dividend ETF by 3.8% in the second quarter. Royal Bank of Canada now owns 1,339,505 shares of the company’s stock valued at $133,360,000 after acquiring an additional 48,440 shares during the period. Finally, LPL Financial LLC raised its stake in shares of iShares Select Dividend ETF by 2.6% in the second quarter. LPL Financial LLC now owns 1,159,944 shares of the company’s stock valued at $115,484,000 after acquiring an additional 28,941 shares during the period.

Shares of DVY traded up $0.25 during midday trading on Wednesday, hitting $102.66. The stock had a trading volume of 320,460 shares, compared to its average volume of 595,144. iShares Select Dividend ETF has a 1 year low of $84.62 and a 1 year high of $103.78. The stock’s 50 day moving average is $101.01 and its 200 day moving average is $99.35.

The company also recently announced a — dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a $0.9558 dividend. This represents a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, September 24th.

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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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