Burke & Herbert Bank & Trust Co. Sells 159 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Burke & Herbert Bank & Trust Co. lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,168 shares of the company’s stock after selling 159 shares during the period. iShares Select Dividend ETF accounts for approximately 1.3% of Burke & Herbert Bank & Trust Co.’s holdings, making the stock its 17th biggest position. Burke & Herbert Bank & Trust Co.’s holdings in iShares Select Dividend ETF were worth $5,536,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in iShares Select Dividend ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after acquiring an additional 7,012 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of iShares Select Dividend ETF by 2.2% during the third quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after purchasing an additional 1,041 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in shares of iShares Select Dividend ETF by 12.0% during the third quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after purchasing an additional 455 shares during the last quarter. ORG Partners LLC boosted its position in shares of iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares in the last quarter. Finally, Regatta Capital Group LLC grew its stake in shares of iShares Select Dividend ETF by 6.7% in the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after buying an additional 250 shares during the last quarter. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Down 0.0 %

Shares of NASDAQ:DVY opened at $135.71 on Monday. The stock has a fifty day simple moving average of $133.58 and a two-hundred day simple moving average of $134.18. iShares Select Dividend ETF has a 12-month low of $114.37 and a 12-month high of $144.09. The stock has a market capitalization of $20.17 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.