Tompkins Financial Corp Has $1.34 Million Position in iShares Select Dividend ETF (NASDAQ:DVY)

Tompkins Financial Corp increased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.3% during the 1st quarter, HoldingsChannel reports. The firm owned 9,975 shares of the company’s stock after purchasing an additional 125 shares during the period. Tompkins Financial Corp’s holdings in iShares Select Dividend ETF were worth $1,340,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Wealthfront Advisers LLC lifted its stake in iShares Select Dividend ETF by 194,486.4% in the fourth quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock valued at $3,215,121,000 after buying an additional 24,476,112 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares Select Dividend ETF during the fourth quarter worth about $156,322,000. Miller Howard Investments Inc. NY raised its position in iShares Select Dividend ETF by 369.5% in the 4th quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock valued at $65,504,000 after buying an additional 392,667 shares during the last quarter. Focus Partners Wealth raised its position in iShares Select Dividend ETF by 792.4% in the 4th quarter. Focus Partners Wealth now owns 402,317 shares of the company’s stock valued at $53,004,000 after buying an additional 357,232 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in iShares Select Dividend ETF by 22.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,695,199 shares of the company’s stock valued at $222,563,000 after acquiring an additional 314,358 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.5%

NASDAQ:DVY opened at $131.09 on Friday. The company has a market cap of $19.39 billion, a P/E ratio of 15.12 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $115.94 and a twelve month high of $144.09. The business has a 50 day moving average price of $128.75 and a two-hundred day moving average price of $133.05.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were given a $1.0495 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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.