Bank of Hawaii Sells 1,740 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Bank of Hawaii cut its position in iShares Select Dividend ETF (NASDAQ:DVY) by 2.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,397 shares of the company’s stock after selling 1,740 shares during the quarter. Bank of Hawaii’s holdings in iShares Select Dividend ETF were worth $9,374,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in DVY. Richardson Financial Services Inc. raised its holdings in shares of iShares Select Dividend ETF by 17.9% in the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock valued at $65,000 after acquiring an additional 75 shares in the last quarter. Unionview LLC raised its holdings in shares of iShares Select Dividend ETF by 0.7% in the 4th quarter. Unionview LLC now owns 11,234 shares of the company’s stock valued at $1,475,000 after acquiring an additional 83 shares in the last quarter. Ritholtz Wealth Management raised its holdings in shares of iShares Select Dividend ETF by 3.2% during the 4th quarter. Ritholtz Wealth Management now owns 2,764 shares of the company’s stock valued at $363,000 after buying an additional 86 shares in the last quarter. Apollon Financial LLC raised its holdings in shares of iShares Select Dividend ETF by 1.2% during the 4th quarter. Apollon Financial LLC now owns 7,713 shares of the company’s stock valued at $1,013,000 after buying an additional 90 shares in the last quarter. Finally, Pathway Financial Advisers LLC raised its holdings in shares of iShares Select Dividend ETF by 1.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 6,318 shares of the company’s stock valued at $829,000 after buying an additional 90 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Trading Up 6.2 %

Shares of NASDAQ DVY opened at $125.76 on Thursday. The stock’s 50-day moving average is $132.96 and its 200 day moving average is $134.55. iShares Select Dividend ETF has a 1-year low of $115.43 and a 1-year high of $144.09. The stock has a market cap of $18.71 billion, a price-to-earnings ratio of 14.65 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed 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.