iShares Select Dividend ETF (NASDAQ:DVY) Short Interest Update

iShares Select Dividend ETF (NASDAQ:DVY) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 771,600 shares, a growth of 19.9% from the October 31st total of 643,300 shares. Based on an average trading volume of 350,500 shares, the days-to-cover ratio is presently 2.2 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of DVY. Franklin Resources Inc. increased its position in iShares Select Dividend ETF by 0.3% during the third quarter. Franklin Resources Inc. now owns 149,135 shares of the company’s stock worth $20,156,000 after buying an additional 491 shares during the last quarter. Synovus Financial Corp boosted its stake in iShares Select Dividend ETF by 2.2% in the 3rd quarter. Synovus Financial Corp now owns 213,945 shares of the company’s stock valued at $28,898,000 after purchasing an additional 4,549 shares during the period. Wilmington Savings Fund Society FSB increased its position in iShares Select Dividend ETF by 572.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 20,685 shares of the company’s stock worth $2,794,000 after buying an additional 17,609 shares during the period. World Investment Advisors LLC boosted its position in shares of iShares Select Dividend ETF by 10.4% in the third quarter. World Investment Advisors LLC now owns 11,354 shares of the company’s stock valued at $1,534,000 after acquiring an additional 1,072 shares during the period. Finally, Sanctuary Advisors LLC grew its position in shares of iShares Select Dividend ETF by 4.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 50,096 shares of the company’s stock worth $7,118,000 after purchasing an additional 1,935 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock opened at $141.85 on Tuesday. The firm has a market cap of $21.07 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The stock’s 50-day moving average is $136.69 and its 200-day moving average is $130.08. iShares Select Dividend ETF has a one year low of $112.42 and a one year high of $144.09.

iShares Select Dividend ETF Dividend Announcement

The firm also recently announced 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 of this dividend was Wednesday, September 25th.

iShares Select Dividend ETF Company 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.