iShares Select Dividend ETF (NASDAQ:DVY) Shares Acquired by Fulton Bank N.A.

Fulton Bank N.A. increased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 20.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,935 shares of the company’s stock after purchasing an additional 4,568 shares during the quarter. Fulton Bank N.A.’s holdings in iShares Select Dividend ETF were worth $3,536,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of DVY. Diversified Trust Co purchased a new stake in iShares Select Dividend ETF in the 4th quarter valued at approximately $352,000. JPMorgan Chase & Co. lifted its holdings in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after buying an additional 7,012 shares during the period. Fidelity D & D Bancorp Inc. purchased a new stake in shares of iShares Select Dividend ETF in the third quarter valued at approximately $219,000. Franklin Resources Inc. grew its holdings in iShares Select Dividend ETF by 0.3% during the third quarter. Franklin Resources Inc. now owns 149,135 shares of the company’s stock worth $20,156,000 after acquiring an additional 491 shares during the period. Finally, Synovus Financial Corp raised its position in iShares Select Dividend ETF by 2.2% in the third quarter. Synovus Financial Corp now owns 213,945 shares of the company’s stock worth $28,898,000 after acquiring an additional 4,549 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY traded down $0.51 during trading on Wednesday, hitting $130.29. 169,462 shares of the company were exchanged, compared to its average volume of 412,883. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09. The company has a market cap of $19.84 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm’s fifty day moving average price is $136.50 and its 200 day moving average price is $132.30.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

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.