iShares Select Dividend ETF $DVY Shares Sold by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.4% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,476 shares of the company’s stock after selling 86 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares Select Dividend ETF were worth $3,118,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DVY. Kingstone Capital Partners Texas LLC acquired a new stake in iShares Select Dividend ETF during the 2nd quarter worth approximately $178,925,000. Northern Trust Corp grew its position in iShares Select Dividend ETF by 6.7% in the first quarter. Northern Trust Corp now owns 3,093,549 shares of the company’s stock valued at $415,433,000 after acquiring an additional 194,941 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new stake in iShares Select Dividend ETF in the first quarter valued at approximately $24,669,000. Yukon Wealth Management Inc. acquired a new stake in iShares Select Dividend ETF in the first quarter valued at approximately $21,391,000. Finally, Goldman Sachs Group Inc. grew its position in iShares Select Dividend ETF by 12.8% in the first quarter. Goldman Sachs Group Inc. now owns 678,028 shares of the company’s stock valued at $91,052,000 after acquiring an additional 76,855 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.1%

Shares of NASDAQ:DVY opened at $141.43 on Friday. iShares Select Dividend ETF has a 52-week low of $115.94 and a 52-week high of $144.09. The company has a 50 day moving average of $140.94 and a two-hundred day moving average of $134.89. The company has a market capitalization of $20.73 billion, a price-to-earnings ratio of 13.69 and a beta of 0.87.

iShares Select Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a dividend of $1.2465 per share. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. The ex-dividend date was Tuesday, September 16th. This represents a $4.99 annualized dividend and a dividend yield of 3.5%.

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.