iShares Select Dividend ETF (NASDAQ:DVY) Holdings Cut by First National Bank & Trust Co. of Newtown

First National Bank & Trust Co. of Newtown decreased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 172,227 shares of the company’s stock after selling 1,354 shares during the period. iShares Select Dividend ETF comprises about 4.9% of First National Bank & Trust Co. of Newtown’s investment portfolio, making the stock its 5th biggest position. First National Bank & Trust Co. of Newtown owned 0.12% of iShares Select Dividend ETF worth $23,128,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealthfront Advisers LLC lifted its position in shares of iShares Select Dividend ETF by 194,486.4% in the 4th quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock worth $3,215,121,000 after purchasing an additional 24,476,112 shares during the period. Wells Fargo & Company MN lifted its position in iShares Select Dividend ETF by 5.0% during the 4th quarter. Wells Fargo & Company MN now owns 3,875,784 shares of the company’s stock valued at $508,852,000 after acquiring an additional 183,589 shares during the period. Royal Bank of Canada lifted its position in iShares Select Dividend ETF by 4.5% during the 4th quarter. Royal Bank of Canada now owns 2,346,687 shares of the company’s stock valued at $308,096,000 after acquiring an additional 100,103 shares during the period. JPMorgan Chase & Co. lifted its position in iShares Select Dividend ETF by 22.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,695,199 shares of the company’s stock valued at $222,563,000 after acquiring an additional 314,358 shares during the period. Finally, LPL Financial LLC lifted its position in 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 acquiring an additional 130,573 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $135.96 on Wednesday. iShares Select Dividend ETF has a 1 year low of $115.94 and a 1 year high of $144.09. The stock has a market cap of $20.15 billion, a P/E ratio of 13.69 and a beta of 0.87. The firm has a 50-day moving average of $131.61 and a 200 day moving average of $131.77.

iShares Select Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were given a dividend of $1.2333 per share. This represents a $4.93 annualized dividend and a yield of 3.63%. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $0.93. The ex-dividend date was Monday, June 16th.

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.