Intrust Bank NA trimmed its position in iShares Select Dividend ETF (NASDAQ:DVY – Free Report) by 24.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,068 shares of the company’s stock after selling 2,316 shares during the quarter. Intrust Bank NA’s holdings in iShares Select Dividend ETF were worth $928,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in DVY. JPMorgan Chase & Co. boosted its stake in iShares Select Dividend ETF by 0.5% in the third 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. ORG Partners LLC boosted its position in iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after purchasing an additional 375 shares during the period. Charles Schwab Investment Management Inc. grew its stake in iShares Select Dividend ETF by 588.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after buying an additional 246,540 shares during the last quarter. Regatta Capital Group LLC grew its stake in iShares Select Dividend ETF by 6.7% during 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. Finally, Fulton Bank N.A. increased its position in iShares Select Dividend ETF by 20.4% in the fourth quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock worth $3,536,000 after buying an additional 4,568 shares during the period. 46.08% of the stock is owned by institutional investors and hedge funds.
iShares Select Dividend ETF Stock Performance
Shares of DVY opened at $132.74 on Friday. The firm has a fifty day moving average of $134.70 and a 200-day moving average of $135.11. The company has a market cap of $19.73 billion, a price-to-earnings ratio of 15.96 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $115.43 and a 1 year high of $144.09.
iShares Select Dividend ETF Cuts Dividend
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.
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