iShares Select Dividend ETF (NASDAQ:DVY) Shares Purchased by Truist Financial Corp

Truist Financial Corp raised its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,195,080 shares of the company’s stock after buying an additional 44,508 shares during the quarter. Truist Financial Corp owned about 0.80% of iShares Select Dividend ETF worth $156,902,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares Select Dividend ETF by 340.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after buying an additional 150 shares in the last quarter. Roxbury Financial LLC acquired a new stake in iShares Select Dividend ETF during the fourth quarter valued at approximately $38,000. JDM Financial Group LLC raised its stake in iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after buying an additional 75 shares in the last quarter. Weaver Capital Management LLC acquired a new stake in iShares Select Dividend ETF during the fourth quarter valued at approximately $43,000. Finally, Newbridge Financial Services Group Inc. acquired a new stake in iShares Select Dividend ETF during the fourth quarter valued at approximately $52,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.0 %

Shares of NASDAQ DVY opened at $135.71 on Monday. The stock’s 50 day moving average price is $133.58 and its two-hundred day moving average price is $134.18. The stock has a market capitalization of $20.17 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $114.37 and a 52-week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

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.