Sanibel Captiva Trust Company Inc. Raises Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Sanibel Captiva Trust Company Inc. boosted its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 44.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,910 shares of the company’s stock after acquiring an additional 1,200 shares during the period. Sanibel Captiva Trust Company Inc.’s holdings in iShares Select Dividend ETF were worth $513,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Edgestream Partners L.P. purchased a new position in iShares Select Dividend ETF during the 2nd quarter worth $223,000. Hsbc Holdings PLC grew its stake in shares of iShares Select Dividend ETF by 84.7% during the second quarter. Hsbc Holdings PLC now owns 25,554 shares of the company’s stock worth $3,092,000 after acquiring an additional 11,722 shares during the last quarter. Ieq Capital LLC increased its holdings in shares of iShares Select Dividend ETF by 1.1% during the second quarter. Ieq Capital LLC now owns 26,282 shares of the company’s stock valued at $3,180,000 after acquiring an additional 292 shares in the last quarter. Hancock Whitney Corp raised its position in shares of iShares Select Dividend ETF by 1.0% in the 2nd quarter. Hancock Whitney Corp now owns 28,281 shares of the company’s stock valued at $3,421,000 after purchasing an additional 291 shares during the last quarter. Finally, 1832 Asset Management L.P. acquired a new stake in iShares Select Dividend ETF in the 2nd quarter worth approximately $73,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 0.7 %

NASDAQ:DVY opened at $134.80 on Monday. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09. The company has a market cap of $20.47 billion, a PE ratio of 13.25 and a beta of 0.87. The company’s 50 day moving average is $135.84 and its two-hundred day moving average is $132.90.

iShares Select Dividend ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $1.3164 dividend. The ex-dividend date of this dividend 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.