WASHINGTON TRUST Co Has $1.97 Million Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

WASHINGTON TRUST Co cut its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,034 shares of the company’s stock after selling 328 shares during the period. WASHINGTON TRUST Co’s holdings in iShares Select Dividend ETF were worth $1,974,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in DVY. JPMorgan Chase & Co. raised its stake in shares of iShares Select Dividend ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in iShares Select Dividend ETF by 2.2% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 47,836 shares of the company’s stock valued at $6,461,000 after buying an additional 1,041 shares during the last quarter. Global Retirement Partners LLC lifted its stake in iShares Select Dividend ETF by 12.0% during the 3rd quarter. Global Retirement Partners LLC now owns 4,232 shares of the company’s stock valued at $572,000 after acquiring an additional 455 shares in the last quarter. ORG Partners LLC boosted its holdings in iShares Select Dividend ETF by 331.9% during the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after acquiring an additional 375 shares during the last quarter. Finally, Regatta Capital Group LLC grew its stake in shares of iShares Select Dividend ETF by 6.7% in the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after acquiring an additional 250 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY opened at $135.71 on Friday. iShares Select Dividend ETF has a fifty-two week low of $114.37 and a fifty-two week high of $144.09. The company’s 50-day moving average is $133.66 and its 200 day moving average is $134.08. The firm has a market capitalization of $20.17 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.