Whittier Trust Co. Cuts Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Whittier Trust Co. lowered its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,412 shares of the company’s stock after selling 480 shares during the quarter. Whittier Trust Co.’s holdings in iShares Select Dividend ETF were worth $1,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wealthfront Advisers LLC increased its position in iShares Select Dividend ETF by 194,486.4% during the fourth quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock valued at $3,215,121,000 after acquiring an additional 24,476,112 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at about $156,322,000. Miller Howard Investments Inc. NY increased its position in shares of iShares Select Dividend ETF by 369.5% during the 4th quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock valued at $65,504,000 after purchasing an additional 392,667 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of iShares Select Dividend ETF by 588.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 288,441 shares of the company’s stock worth $37,869,000 after purchasing an additional 246,540 shares during the period. Finally, Private Advisor Group LLC boosted its holdings in shares of iShares Select Dividend ETF by 94.0% in the fourth quarter. Private Advisor Group LLC now owns 384,003 shares of the company’s stock worth $50,416,000 after buying an additional 186,055 shares during the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Down 0.5 %

DVY opened at $132.77 on Friday. The firm’s 50 day simple moving average is $134.60 and its two-hundred day simple moving average is $135.06. The company has a market capitalization of $19.61 billion, a PE ratio of 15.96 and a beta of 0.88. iShares Select Dividend ETF has a 1-year low of $115.43 and a 1-year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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

iShares Select Dividend ETF 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.