iShares Select Dividend ETF (NASDAQ:DVY) Stock Position Lowered by Intrust Bank NA

Intrust Bank NA decreased its position in iShares Select Dividend ETF (NASDAQ:DVY) by 24.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,068 shares of the company’s stock after selling 2,316 shares during the period. Intrust Bank NA’s holdings in iShares Select Dividend ETF were worth $928,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. 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. grew its holdings in shares of iShares Select Dividend ETF by 1.6% in the 3rd quarter. D.A. Davidson & CO. now owns 17,269 shares of the company’s stock worth $2,333,000 after acquiring an additional 279 shares during the last quarter. FMR LLC raised its position in shares of 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 purchasing an additional 22,833 shares during the period. Townsquare Capital LLC lifted its holdings in shares of iShares Select Dividend ETF by 9.1% during the third quarter. Townsquare Capital LLC now owns 5,161 shares of the company’s stock valued at $697,000 after purchasing an additional 432 shares during the last quarter. Finally, Fiduciary Trust Co boosted its position in shares of iShares Select Dividend ETF by 423.6% in the 3rd quarter. Fiduciary Trust Co now owns 13,007 shares of the company’s stock valued at $1,757,000 after purchasing an additional 10,523 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.8 %

Shares of DVY opened at $132.74 on Friday. The business’s 50-day moving average price is $134.70 and its 200 day moving average price is $135.11. The stock has a market capitalization of $19.73 billion, a P/E ratio of 15.96 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $115.43 and a 1-year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were given a $1.0495 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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.