Bank of Hawaii Has $9.37 Million Position in iShares Select Dividend ETF (NASDAQ:DVY)

Bank of Hawaii cut its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 71,397 shares of the company’s stock after selling 1,740 shares during the quarter. Bank of Hawaii’s holdings in iShares Select Dividend ETF were worth $9,374,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares in the last quarter. Transamerica Financial Advisors Inc. acquired a new stake in shares of iShares Select Dividend ETF during the 4th quarter worth $27,000. Creative Capital Management Investments LLC acquired a new stake in shares of iShares Select Dividend ETF during the 4th quarter worth $33,000. Millstone Evans Group LLC acquired a new stake in iShares Select Dividend ETF in the fourth quarter valued at about $36,000. Finally, Roxbury Financial LLC acquired a new stake in iShares Select Dividend ETF in the fourth quarter valued at about $38,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 6.2 %

iShares Select Dividend ETF stock opened at $125.76 on Thursday. iShares Select Dividend ETF has a 12 month low of $115.43 and a 12 month high of $144.09. The company has a market capitalization of $18.71 billion, a PE ratio of 14.65 and a beta of 0.87. The stock has a 50-day moving average price of $132.96 and a two-hundred day moving average price of $134.55.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a $1.0495 dividend. The ex-dividend date was Tuesday, March 18th.

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.