OLD National Bancorp IN Has $12.30 Million Holdings in iShares Select Dividend ETF $DVY

OLD National Bancorp IN increased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 27.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 87,167 shares of the company’s stock after purchasing an additional 18,553 shares during the quarter. OLD National Bancorp IN owned approximately 0.06% of iShares Select Dividend ETF worth $12,303,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its position in shares of iShares Select Dividend ETF by 14.3% during the fourth quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock worth $1,603,000 after acquiring an additional 1,524 shares during the last quarter. AQR Capital Management LLC boosted its holdings in iShares Select Dividend ETF by 44.7% in the first quarter. AQR Capital Management LLC now owns 12,687 shares of the company’s stock valued at $1,704,000 after acquiring an additional 3,918 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in iShares Select Dividend ETF during the 2nd quarter valued at approximately $34,000. NewEdge Advisors LLC lifted its position in shares of iShares Select Dividend ETF by 0.4% in the 2nd quarter. NewEdge Advisors LLC now owns 77,878 shares of the company’s stock worth $10,343,000 after purchasing an additional 326 shares during the period. Finally, Quantinno Capital Management LP lifted its position in shares of iShares Select Dividend ETF by 52.8% in the 2nd quarter. Quantinno Capital Management LP now owns 24,543 shares of the company’s stock worth $3,260,000 after purchasing an additional 8,479 shares during the period. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $151.86 on Thursday. The firm’s fifty day moving average is $152.69 and its 200-day moving average is $146.81. iShares Select Dividend ETF has a 52 week low of $126.22 and a 52 week high of $160.38. The firm has a market cap of $22.35 billion, a P/E ratio of 13.69 and a beta of 0.71.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a dividend of $1.1493 per share. This represents a $4.60 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Tuesday, March 17th.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.