iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by First National Bank & Trust Co. of Newtown

First National Bank & Trust Co. of Newtown lessened its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.2% in the 4th quarter, HoldingsChannel reports. The fund owned 195,665 shares of the company’s stock after selling 490 shares during the period. iShares Select Dividend ETF accounts for about 4.9% of First National Bank & Trust Co. of Newtown’s portfolio, making the stock its 5th biggest holding. First National Bank & Trust Co. of Newtown’s holdings in iShares Select Dividend ETF were worth $22,936,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC lifted its position in shares of iShares Select Dividend ETF by 107,178.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 75,921,028 shares of the company’s stock worth $9,156,076,000 after buying an additional 75,850,258 shares during the last quarter. Morgan Stanley lifted its position in shares of iShares Select Dividend ETF by 12.1% during the 4th quarter. Morgan Stanley now owns 7,648,470 shares of the company’s stock worth $922,406,000 after buying an additional 823,118 shares during the last quarter. Northern Trust Corp lifted its position in shares of iShares Select Dividend ETF by 3.0% during the 3rd quarter. Northern Trust Corp now owns 3,446,617 shares of the company’s stock worth $370,994,000 after buying an additional 101,996 shares during the last quarter. Royal Bank of Canada lifted its position in shares of iShares Select Dividend ETF by 2.6% during the 3rd quarter. Royal Bank of Canada now owns 2,579,311 shares of the company’s stock worth $277,635,000 after buying an additional 64,326 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of iShares Select Dividend ETF by 12,638.3% during the 4th quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock worth $282,196,000 after buying an additional 2,388,510 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 1.3 %

DVY stock traded up $1.51 on Friday, hitting $118.39. The company’s stock had a trading volume of 151,280 shares, compared to its average volume of 575,135. The firm has a 50 day moving average of $118.49 and a two-hundred day moving average of $114.22. iShares Select Dividend ETF has a 1 year low of $102.66 and a 1 year high of $123.43. The stock has a market cap of $18.16 billion, a price-to-earnings ratio of 11.69 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were given a dividend of $0.9976 per share. The ex-dividend date was Thursday, March 21st. This represents a $3.99 dividend on an annualized basis and a yield of 3.37%.

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.