Pinnacle Bank lowered its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 18.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,693 shares of the company’s stock after selling 2,164 shares during the period. Pinnacle Bank’s holdings in iShares Select Dividend ETF were worth $965,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of DVY. Buffington Mohr McNeal acquired a new stake in shares of iShares Select Dividend ETF in the first quarter worth $25,000. Investors Research Corp increased its stake in shares of iShares Select Dividend ETF by 2,218.8% in the second quarter. Investors Research Corp now owns 371 shares of the company’s stock worth $37,000 after acquiring an additional 355 shares during the period. Truvestments Capital LLC acquired a new stake in shares of iShares Select Dividend ETF in the first quarter worth $42,000. Zions Bancorporation N.A. acquired a new stake in shares of iShares Select Dividend ETF in the first quarter worth $44,000. Finally, Jackson Hole Capital Partners LLC acquired a new stake in shares of iShares Select Dividend ETF in the fourth quarter worth $46,000.
Shares of NASDAQ:DVY traded up $0.56 during midday trading on Tuesday, reaching $100.59. The company’s stock had a trading volume of 227,033 shares, compared to its average volume of 657,792. iShares Select Dividend ETF has a twelve month low of $84.62 and a twelve month high of $102.54. The firm has a fifty day moving average price of $99.33.
About iShares Select Dividend ETF
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.
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