FineMark National Bank & Trust Has $2.52 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

FineMark National Bank & Trust trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,175 shares of the company’s stock after selling 310 shares during the period. FineMark National Bank & Trust’s holdings in iShares Select Dividend ETF were worth $2,517,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of DVY. Wealthfront Advisers LLC raised its stake in iShares Select Dividend ETF by 194,486.4% during the 4th quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock worth $3,215,121,000 after buying an additional 24,476,112 shares during the period. Bank of New York Mellon Corp raised its position in shares of iShares Select Dividend ETF by 0.7% during the fourth quarter. Bank of New York Mellon Corp now owns 1,881,782 shares of the company’s stock worth $247,059,000 after purchasing an additional 13,228 shares during the period. LPL Financial LLC lifted its holdings in shares of 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 purchasing an additional 130,573 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after purchasing an additional 7,012 shares during the period. Finally, Truist Financial Corp increased its stake in iShares Select Dividend ETF by 3.9% during the 4th quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock worth $156,902,000 after purchasing an additional 44,508 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

Shares of DVY stock opened at $133.12 on Wednesday. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week high of $144.09. The company’s 50 day moving average price is $134.73 and its two-hundred day moving average price is $135.10. The company has a market capitalization of $19.79 billion, a P/E ratio of 15.96 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were issued a dividend of $1.0495 per share. The ex-dividend date was Tuesday, March 18th.

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.