First National Bank & Trust Co. of Newtown Has $22.98 Million Holdings in iShares Select Dividend ETF $DVY

First National Bank & Trust Co. of Newtown reduced its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 5.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 142,561 shares of the company’s stock after selling 8,607 shares during the period. iShares Select Dividend ETF makes up about 4.7% of First National Bank & Trust Co. of Newtown’s investment portfolio, making the stock its 4th biggest position. First National Bank & Trust Co. of Newtown owned approximately 0.10% of iShares Select Dividend ETF worth $22,982,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Caitlin John LLC acquired a new stake in iShares Select Dividend ETF during the 4th quarter worth $25,000. Elevated Capital Advisors LLC acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $26,000. Miller Capital Partners Inc. acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $30,000. Main Street Group LTD bought a new position in shares of iShares Select Dividend ETF in the 1st quarter worth $33,000. Finally, Qube Research & Technologies Ltd bought a new position in shares of iShares Select Dividend ETF in the 2nd quarter worth $34,000. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of iShares Select Dividend ETF stock opened at $165.50 on Monday. The business has a fifty day simple moving average of $159.47 and a 200 day simple moving average of $155.30. The stock has a market cap of $24.11 billion, a PE ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 12 month low of $137.16 and a 12 month high of $166.79.

iShares Select Dividend ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $1.2472 per share. This represents a $4.99 dividend on an annualized basis and a yield of 3.0%. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. The ex-dividend date was Monday, June 15th.

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