Piscataqua Savings Bank Sells 120 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Piscataqua Savings Bank lowered its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 6.6% during the first quarter, HoldingsChannel reports. The firm owned 1,690 shares of the company’s stock after selling 120 shares during the quarter. Piscataqua Savings Bank’s holdings in iShares Select Dividend ETF were worth $227,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its position in iShares Select Dividend ETF by 588.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after acquiring an additional 246,540 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares Select Dividend ETF by 8.9% in the 4th quarter. LPL Financial LLC now owns 1,596,398 shares of the company’s stock valued at $209,591,000 after purchasing an additional 130,573 shares during the period. Accredited Investors Inc. raised its holdings in shares of iShares Select Dividend ETF by 37.3% in the 4th quarter. Accredited Investors Inc. now owns 3,141 shares of the company’s stock valued at $412,000 after purchasing an additional 853 shares during the period. Private Trust Co. NA raised its holdings in shares of iShares Select Dividend ETF by 1.5% in the 4th quarter. Private Trust Co. NA now owns 8,136 shares of the company’s stock valued at $1,068,000 after purchasing an additional 121 shares during the period. Finally, Worth Financial Advisory Group LLC raised its stake in iShares Select Dividend ETF by 13.1% in the fourth quarter. Worth Financial Advisory Group LLC now owns 1,819 shares of the company’s stock valued at $239,000 after buying an additional 210 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 1.0%

NASDAQ:DVY opened at $131.65 on Friday. The stock’s 50 day moving average price is $128.43 and its two-hundred day moving average price is $132.75. The firm has a market capitalization of $19.47 billion, a price-to-earnings ratio of 15.12 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $115.94 and a 12-month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business 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 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.