Citizens National Bank Trust Department Sells 135 Shares of iShares Select Dividend ETF $DVY

Citizens National Bank Trust Department trimmed its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,491 shares of the company’s stock after selling 135 shares during the period. Citizens National Bank Trust Department’s holdings in iShares Select Dividend ETF were worth $1,128,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Northern Trust Corp increased its holdings in shares of iShares Select Dividend ETF by 6.7% in the first quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock worth $415,433,000 after purchasing an additional 194,941 shares during the last quarter. LPL Financial LLC boosted its stake in iShares Select Dividend ETF by 1.1% during the first quarter. LPL Financial LLC now owns 1,613,201 shares of the company’s stock valued at $216,637,000 after buying an additional 16,803 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in iShares Select Dividend ETF during the 2nd quarter valued at approximately $178,925,000. Raymond James Financial Inc. increased its stake in iShares Select Dividend ETF by 2.1% in the 1st quarter. Raymond James Financial Inc. now owns 1,215,308 shares of the company’s stock worth $163,204,000 after acquiring an additional 24,643 shares during the last quarter. Finally, Truist Financial Corp increased its stake in iShares Select Dividend ETF by 1.4% in the 2nd quarter. Truist Financial Corp now owns 1,165,722 shares of the company’s stock worth $154,820,000 after acquiring an additional 15,783 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of DVY opened at $142.40 on Wednesday. The stock has a market capitalization of $20.93 billion, a price-to-earnings ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $115.94 and a 1 year high of $144.09. The business’s 50 day simple moving average is $139.87 and its 200-day simple moving average is $134.13.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $1.2465 per share. This represents a $4.99 annualized dividend and a yield of 3.5%. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. The ex-dividend date was Tuesday, September 16th.

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.