iShares International Select Dividend ETF (BATS:IDV) Hits New 12-Month High – Here’s What Happened

Shares of iShares International Select Dividend ETF (BATS:IDV) reached a new 52-week high during trading on Thursday . The stock traded as high as $44.86 and last traded at $44.80, with a volume of 1601071 shares changing hands. The stock had previously closed at $44.23.

iShares International Select Dividend ETF Trading Up 1.3%

The company’s 50-day moving average is $41.37 and its 200-day moving average is $38.67. The firm has a market cap of $6.92 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Several hedge funds and other institutional investors have recently modified their holdings of IDV. Ameriprise Financial Inc. raised its holdings in shares of iShares International Select Dividend ETF by 1.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,947,824 shares of the company’s stock worth $137,315,000 after buying an additional 43,708 shares in the last quarter. Bank of New York Mellon Corp grew its position in iShares International Select Dividend ETF by 4.7% in the fourth quarter. Bank of New York Mellon Corp now owns 2,653,881 shares of the company’s stock valued at $104,696,000 after acquiring an additional 119,213 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares International Select Dividend ETF by 4.9% during the fourth quarter. JPMorgan Chase & Co. now owns 1,058,871 shares of the company’s stock worth $41,772,000 after acquiring an additional 49,313 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of iShares International Select Dividend ETF by 5.4% in the fourth quarter. Arkadios Wealth Advisors now owns 757,654 shares of the company’s stock worth $29,889,000 after acquiring an additional 38,754 shares during the last quarter. Finally, Parallel Advisors LLC lifted its holdings in shares of iShares International Select Dividend ETF by 0.7% in the fourth quarter. Parallel Advisors LLC now owns 549,287 shares of the company’s stock worth $21,669,000 after acquiring an additional 3,600 shares during the last quarter.

About iShares International Select Dividend ETF

iShares International Select Dividend ETF, formerly iShares Dow Jones International Select Dividend Index Fund, seeks investment results that correspond to the price and yield performance of the Dow Jones EPAC 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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones World Developed-Ex.