Citizens Financial Group Inc. RI Has $6.80 Million Holdings in iShares Select Dividend ETF $DVY

Citizens Financial Group Inc. RI trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 17.3% in the second quarter, HoldingsChannel reports. The firm owned 51,199 shares of the company’s stock after selling 10,693 shares during the period. Citizens Financial Group Inc. RI’s holdings in iShares Select Dividend ETF were worth $6,800,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in iShares Select Dividend ETF by 14.3% in the 4th quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after acquiring an additional 1,524 shares in the last quarter. Signaturefd LLC grew its stake in shares of iShares Select Dividend ETF by 6.3% during the first quarter. Signaturefd LLC now owns 1,780 shares of the company’s stock valued at $239,000 after purchasing an additional 106 shares during the last quarter. Csenge Advisory Group grew its stake in shares of iShares Select Dividend ETF by 0.9% during the first quarter. Csenge Advisory Group now owns 18,800 shares of the company’s stock valued at $2,366,000 after purchasing an additional 162 shares during the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of iShares Select Dividend ETF by 8.8% in the first quarter. Kestra Private Wealth Services LLC now owns 7,738 shares of the company’s stock valued at $1,039,000 after purchasing an additional 628 shares in the last quarter. Finally, Calton & Associates Inc. increased its holdings in shares of iShares Select Dividend ETF by 158.6% in the first quarter. Calton & Associates Inc. now owns 5,440 shares of the company’s stock valued at $731,000 after purchasing an additional 3,336 shares in the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $140.64 on Monday. The company has a market cap of $20.59 billion, a price-to-earnings ratio of 13.69 and a beta of 0.77. The stock’s fifty day moving average price is $140.84 and its two-hundred day moving average price is $136.79. iShares Select Dividend ETF has a 52-week low of $115.94 and a 52-week high of $144.09.

iShares Select Dividend ETF Increases Dividend

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

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.