Cypress Capital Group Has $2.24 Million Position in iShares Select Dividend ETF (DVY)

Cypress Capital Group lowered its stake in shares of iShares Select Dividend ETF (NYSEARCA:DVY) by 6.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,267 shares of the company’s stock after selling 1,560 shares during the quarter. Cypress Capital Group’s holdings in iShares Select Dividend ETF were worth $2,238,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Suntrust Banks Inc. boosted its position in iShares Select Dividend ETF by 4.7% during the 2nd quarter. Suntrust Banks Inc. now owns 2,787,640 shares of the company’s stock valued at $257,046,000 after purchasing an additional 124,298 shares during the period. BlackRock Inc. boosted its position in iShares Select Dividend ETF by 1.7% during the 2nd quarter. BlackRock Inc. now owns 1,250,889 shares of the company’s stock valued at $115,345,000 after purchasing an additional 21,208 shares during the period. Royal Bank of Canada boosted its position in iShares Select Dividend ETF by 1.8% during the 2nd quarter. Royal Bank of Canada now owns 920,308 shares of the company’s stock valued at $84,861,000 after purchasing an additional 16,571 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in iShares Select Dividend ETF by 2.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 811,326 shares of the company’s stock valued at $74,812,000 after purchasing an additional 20,475 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in iShares Select Dividend ETF by 7.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 705,376 shares of the company’s stock valued at $65,042,000 after purchasing an additional 48,791 shares during the period.

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iShares Select Dividend ETF (NYSEARCA DVY) traded up 0.0491% on Wednesday, reaching $94.7565. The company had a trading volume of 151,104 shares. The company has a 50-day moving average of $93.16 and a 200 day moving average of $92.28. iShares Select Dividend ETF has a one year low of $81.74 and a one year high of $94.93.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Wednesday, September 27th were given a dividend of $0.7277 per share. The ex-dividend date of this dividend was Tuesday, September 26th. This represents a $2.91 dividend on an annualized basis and a yield of 3.07%.

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.

Institutional Ownership by Quarter for iShares Select Dividend ETF (NYSEARCA:DVY)

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