iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp cut its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 3.7% during the 4th quarter, HoldingsChannel reports. The fund owned 288,110 shares of the company’s stock after selling 10,973 shares during the period. Fifth Third Bancorp’s holdings in iShares Select Dividend ETF were worth $37,826,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Banque Cantonale Vaudoise grew its position in iShares Select Dividend ETF by 10.1% in the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after buying an additional 73 shares during the last quarter. JDM Financial Group LLC boosted its stake in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after acquiring an additional 75 shares in the last quarter. Unionview LLC boosted its stake in shares of iShares Select Dividend ETF by 0.7% during the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock worth $1,506,000 after acquiring an additional 76 shares in the last quarter. CMG Global Holdings LLC grew its holdings in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock worth $2,335,000 after acquiring an additional 80 shares during the last quarter. Finally, Pathway Financial Advisers LLC raised its position in shares of iShares Select Dividend ETF by 1.4% during the second quarter. Pathway Financial Advisers LLC now owns 6,137 shares of the company’s stock worth $740,000 after purchasing an additional 84 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Up 0.6 %

NASDAQ:DVY opened at $135.10 on Friday. The stock has a fifty day simple moving average of $135.50 and a 200 day simple moving average of $133.23. The firm has a market capitalization of $20.24 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $112.42 and a 1-year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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

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.