First National Bank & Trust Co. of Newtown Has $22.86 Million Stock Holdings in iShares Select Dividend ETF $DVY

First National Bank & Trust Co. of Newtown cut its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 172,093 shares of the company’s stock after selling 134 shares during the period. iShares Select Dividend ETF makes up 4.6% of First National Bank & Trust Co. of Newtown’s portfolio, making the stock its 5th largest holding. First National Bank & Trust Co. of Newtown’s holdings in iShares Select Dividend ETF were worth $22,855,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares Select Dividend ETF by 5.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 200,247 shares of the company’s stock worth $26,891,000 after purchasing an additional 9,632 shares during the period. Bessemer Group Inc. boosted its stake in shares of iShares Select Dividend ETF by 350.4% during the 1st quarter. Bessemer Group Inc. now owns 12,899 shares of the company’s stock worth $1,733,000 after purchasing an additional 10,035 shares during the period. GAMMA Investing LLC boosted its stake in shares of iShares Select Dividend ETF by 549.1% during the 1st quarter. GAMMA Investing LLC now owns 1,506 shares of the company’s stock worth $202,000 after purchasing an additional 1,274 shares during the period. Millstone Evans Group LLC boosted its stake in shares of iShares Select Dividend ETF by 89.4% during the 1st quarter. Millstone Evans Group LLC now owns 517 shares of the company’s stock worth $69,000 after purchasing an additional 244 shares during the period. Finally, Cove Private Wealth LLC boosted its stake in shares of iShares Select Dividend ETF by 64.6% during the 2nd quarter. Cove Private Wealth LLC now owns 8,280 shares of the company’s stock worth $1,100,000 after purchasing an additional 3,250 shares during the period. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

DVY stock opened at $142.34 on Thursday. The company has a market capitalization of $20.87 billion, a PE ratio of 13.69 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $115.94 and a 12 month high of $144.09. The firm’s 50-day moving average is $139.44 and its 200 day moving average is $133.87.

iShares Select Dividend ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were paid a $1.2465 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $4.99 annualized dividend and a yield of 3.5%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23.

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.