Huntington National Bank Boosts Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Huntington National Bank grew its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 17.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 283,301 shares of the company’s stock after acquiring an additional 41,107 shares during the period. Huntington National Bank’s holdings in iShares Select Dividend ETF were worth $37,194,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares Select Dividend ETF by 340.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. Transamerica Financial Advisors Inc. purchased a new position in shares of iShares Select Dividend ETF during the 4th quarter valued at approximately $27,000. Creative Capital Management Investments LLC acquired a new stake in shares of iShares Select Dividend ETF during the fourth quarter worth approximately $33,000. Millstone Evans Group LLC bought a new stake in shares of iShares Select Dividend ETF in the fourth quarter worth $36,000. Finally, Roxbury Financial LLC acquired a new stake in iShares Select Dividend ETF in the fourth quarter valued at $38,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY stock opened at $134.18 on Wednesday. The stock has a market capitalization of $19.95 billion, a price-to-earnings ratio of 15.96 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $115.43 and a one year high of $144.09. The company’s 50-day simple moving average is $134.66 and its 200-day simple moving average is $135.15.

iShares Select Dividend ETF Cuts Dividend

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