PNC Financial Services Group Inc. Has $521.56 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

PNC Financial Services Group Inc. reduced its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 0.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 3,861,410 shares of the company’s stock after selling 33,252 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Select Dividend ETF were worth $521,561,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Vanguard Group Inc. grew its holdings in iShares Select Dividend ETF by 0.4% during the first quarter. Vanguard Group Inc. now owns 31,581 shares of the company’s stock valued at $3,890,000 after purchasing an additional 134 shares during the period. CreativeOne Wealth LLC increased its position in shares of iShares Select Dividend ETF by 280.5% in the 1st quarter. CreativeOne Wealth LLC now owns 9,828 shares of the company’s stock valued at $1,211,000 after buying an additional 7,245 shares in the last quarter. Axxcess Wealth Management LLC raised its stake in iShares Select Dividend ETF by 1.5% during the 1st quarter. Axxcess Wealth Management LLC now owns 7,390 shares of the company’s stock worth $910,000 after buying an additional 107 shares during the period. Rodgers Brothers Inc. acquired a new stake in iShares Select Dividend ETF during the 1st quarter worth $298,000. Finally, Keeley Teton Advisors LLC lifted its holdings in iShares Select Dividend ETF by 1.8% during the first quarter. Keeley Teton Advisors LLC now owns 11,078 shares of the company’s stock worth $1,365,000 after acquiring an additional 200 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock opened at $139.16 on Tuesday. The company has a market capitalization of $20.73 billion, a P/E ratio of 13.25 and a beta of 0.87. The business has a 50-day moving average of $135.12 and a two-hundred day moving average of $128.80. iShares Select Dividend ETF has a 1 year low of $109.15 and a 1 year high of $139.90.

iShares Select Dividend ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a dividend of $1.5496 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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.