Cypress Capital Group Has $1.95 Million Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Cypress Capital Group trimmed its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.1% during the third quarter, Holdings Channel.com reports. The firm owned 14,451 shares of the company’s stock after selling 615 shares during the period. Cypress Capital Group’s holdings in iShares Select Dividend ETF were worth $1,952,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Citizens Financial Group Inc. RI boosted its position in shares of iShares Select Dividend ETF by 4.5% during the third quarter. Citizens Financial Group Inc. RI now owns 59,757 shares of the company’s stock valued at $8,071,000 after buying an additional 2,597 shares during the last quarter. First Horizon Advisors Inc. boosted its stake in shares of iShares Select Dividend ETF by 17.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 16,052 shares of the company’s stock worth $2,168,000 after buying an additional 2,383 shares during the last quarter. Hilton Capital Management LLC bought a new position in shares of iShares Select Dividend ETF in the third quarter valued at approximately $737,000. Commerce Bank increased its position in shares of iShares Select Dividend ETF by 2.6% during the third quarter. Commerce Bank now owns 290,285 shares of the company’s stock valued at $39,209,000 after acquiring an additional 7,344 shares during the last quarter. Finally, Banque Cantonale Vaudoise boosted its position in iShares Select Dividend ETF by 10.1% in the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after purchasing an additional 73 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY stock opened at $139.00 on Thursday. The firm has a market cap of $20.71 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $109.42 and a 52 week high of $139.90. The firm’s 50-day simple moving average is $135.40 and its two-hundred day simple moving average is $128.99.

iShares Select Dividend ETF Dividend Announcement

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

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.