iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Webster Bank N. A.

Webster Bank N. A. trimmed its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,583 shares of the company’s stock after selling 150 shares during the quarter. Webster Bank N. A.’s holdings in iShares Select Dividend ETF were worth $1,127,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of iShares Select Dividend ETF by 340.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares during the period. ORG Wealth Partners LLC acquired a new stake in iShares Select Dividend ETF during the 3rd quarter valued at $36,000. JDM Financial Group LLC boosted its position in shares of iShares Select Dividend ETF by 33.3% in the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares during the period. M&R Capital Management Inc. boosted its position in shares of iShares Select Dividend ETF by 1,455.0% in the third quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after buying an additional 291 shares during the period. Finally, ORG Partners LLC grew its holdings in shares of iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock valued at $64,000 after buying an additional 375 shares in the last quarter. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 0.6 %

Shares of NASDAQ DVY opened at $135.10 on Monday. The firm has a market capitalization of $20.24 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a one year low of $112.42 and a one year high of $144.09. The business has a 50-day moving average price of $135.50 and a two-hundred day moving average price of $133.32.

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 given 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.