TIAA Trust National Association Acquires 594 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

TIAA Trust National Association boosted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 5.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,639 shares of the company’s stock after purchasing an additional 594 shares during the period. TIAA Trust National Association’s holdings in iShares Select Dividend ETF were worth $1,528,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in DVY. Great Valley Advisor Group Inc. increased its position in shares of iShares Select Dividend ETF by 5.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 4,892 shares of the company’s stock worth $661,000 after purchasing an additional 272 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of iShares Select Dividend ETF in the third quarter valued at $314,000. D.A. Davidson & CO. increased its holdings in iShares Select Dividend ETF by 1.6% during the third quarter. D.A. Davidson & CO. now owns 17,269 shares of the company’s stock worth $2,333,000 after buying an additional 279 shares during the last quarter. FMR LLC raised its position in iShares Select Dividend ETF by 19.9% during the third quarter. FMR LLC now owns 137,441 shares of the company’s stock worth $18,564,000 after acquiring an additional 22,833 shares in the last quarter. Finally, Cadence Bank acquired a new stake in iShares Select Dividend ETF in the third quarter valued at $1,060,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $133.91 on Thursday. The company’s 50-day moving average is $134.75 and its 200-day moving average is $135.10. The firm has a market capitalization of $19.91 billion, a PE ratio of 15.96 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were paid a $1.0495 dividend. The ex-dividend date was Tuesday, March 18th.

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.