Trustmark National Bank Trust Department Decreases Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Trustmark National Bank Trust Department lessened its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 122,565 shares of the company’s stock after selling 177 shares during the quarter. iShares Select Dividend ETF comprises about 1.2% of Trustmark National Bank Trust Department’s investment portfolio, making the stock its 19th biggest holding. Trustmark National Bank Trust Department’s holdings in iShares Select Dividend ETF were worth $16,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after acquiring an additional 7,012 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of iShares Select Dividend ETF by 588.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock valued at $37,869,000 after purchasing an additional 246,540 shares during the last quarter. ORG Partners LLC boosted its holdings in shares of iShares Select Dividend ETF by 331.9% in the 4th quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the period. LPL Financial LLC increased its position in shares of iShares Select Dividend ETF by 8.9% during the 4th quarter. LPL Financial LLC now owns 1,596,398 shares of the company’s stock valued at $209,591,000 after purchasing an additional 130,573 shares during the last quarter. Finally, Regatta Capital Group LLC raised its holdings in iShares Select Dividend ETF by 6.7% during the 4th quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock valued at $521,000 after buying an additional 250 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 1.5 %

NASDAQ DVY opened at $124.04 on Monday. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week high of $144.09. The firm has a market capitalization of $18.41 billion, a price-to-earnings ratio of 14.65 and a beta of 0.87. The company has a fifty day moving average of $132.51 and a two-hundred day moving average of $134.40.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared 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.