OLD National Bancorp IN Sells 17,995 Shares of iShares Select Dividend ETF $DVY

OLD National Bancorp IN decreased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 20.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,172 shares of the company’s stock after selling 17,995 shares during the quarter. OLD National Bancorp IN’s holdings in iShares Select Dividend ETF were worth $10,473,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Caitlin John LLC purchased a new stake in iShares Select Dividend ETF during the fourth quarter valued at approximately $25,000. Elevated Capital Advisors LLC bought a new position in iShares Select Dividend ETF in the fourth quarter worth approximately $26,000. Ransom Advisory Ltd purchased a new position in shares of iShares Select Dividend ETF during the 4th quarter worth $27,000. Miller Capital Partners Inc. purchased a new position in shares of iShares Select Dividend ETF during the 4th quarter worth $30,000. Finally, Qube Research & Technologies Ltd purchased a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth $34,000. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $156.99 on Friday. The company has a market cap of $23.09 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 1 year low of $131.07 and a 1 year high of $160.38. The firm has a fifty day moving average price of $154.05 and a 200-day moving average price of $151.03.

iShares Select Dividend ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $1.2472 per share. This represents a $4.99 annualized dividend and a yield of 3.2%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. The ex-dividend date was Monday, June 15th.

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