First Nebraska Trust Co Acquires New Shares in iShares Select Dividend ETF $DVY

First Nebraska Trust Co bought a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 12,020 shares of the company’s stock, valued at approximately $1,820,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Caitlin John LLC bought a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at about $25,000. Elevated Capital Advisors LLC bought a new position in shares of iShares Select Dividend ETF during the fourth quarter valued at approximately $26,000. Miller Capital Partners Inc. bought a new position in shares of iShares Select Dividend ETF during the fourth quarter valued at approximately $30,000. Main Street Group LTD purchased a new position in iShares Select Dividend ETF during the first quarter valued at approximately $33,000. Finally, Qube Research & Technologies Ltd bought a new position in iShares Select Dividend ETF in the second quarter worth approximately $34,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.4%

iShares Select Dividend ETF stock opened at $161.21 on Friday. The business has a fifty day moving average of $157.88 and a two-hundred day moving average of $154.17. The firm has a market cap of $23.48 billion, a P/E ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a twelve month low of $132.83 and a twelve month high of $166.79.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $1.2472 dividend. This represents a $4.99 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Monday, June 15th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.15.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.