iShares Select Dividend ETF (NASDAQ:DVY) Shares Bought by Private Trust Co. NA

Private Trust Co. NA grew its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 8,136 shares of the company’s stock after acquiring an additional 121 shares during the period. Private Trust Co. NA’s holdings in iShares Select Dividend ETF were worth $1,068,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Bank of New York Mellon Corp lifted its holdings in shares of iShares Select Dividend ETF by 0.7% in the fourth quarter. Bank of New York Mellon Corp now owns 1,881,782 shares of the company’s stock valued at $247,059,000 after purchasing an additional 13,228 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares Select Dividend ETF by 4.6% in the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after purchasing an additional 64,620 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings 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 valued at $186,510,000 after purchasing an additional 7,012 shares in the last quarter. Truist Financial Corp lifted its holdings in shares of iShares Select Dividend ETF by 3.9% in the fourth quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock valued at $156,902,000 after purchasing an additional 44,508 shares in the last quarter. Finally, Miller Howard Investments Inc. NY lifted its holdings in shares of iShares Select Dividend ETF by 369.5% in the fourth quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock valued at $65,504,000 after purchasing an additional 392,667 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 1.2 %

DVY opened at $138.10 on Friday. The stock has a fifty day moving average of $134.00 and a 200-day moving average of $134.82. The firm has a market capitalization of $20.53 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $115.43 and a 12-month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

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.