RNC Capital Management LLC purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 12,900 shares of the company’s stock, valued at approximately $1,241,000.

Other institutional investors also recently added to or reduced their stakes in the company. Summit Financial Group Inc. raised its stake in shares of iShares Select Dividend ETF by 4.9% in the 4th quarter. Summit Financial Group Inc. now owns 33,407 shares of the company’s stock valued at $3,213,000 after acquiring an additional 1,546 shares during the period. Webster Bank N. A. increased its stake in iShares Select Dividend ETF by 7.0% during the 4th quarter. Webster Bank N. A. now owns 12,950 shares of the company’s stock worth $1,246,000 after buying an additional 850 shares during the period. Prudential PLC increased its stake in iShares Select Dividend ETF by 49.6% during the 3rd quarter. Prudential PLC now owns 147,624 shares of the company’s stock worth $12,037,000 after buying an additional 48,920 shares during the period. Sandy Spring Bank increased its stake in iShares Select Dividend ETF by 5.2% during the 3rd quarter. Sandy Spring Bank now owns 4,993 shares of the company’s stock worth $407,000 after buying an additional 245 shares during the period. Finally, Avantax Advisory Services Inc. increased its stake in iShares Select Dividend ETF by 43.7% during the 3rd quarter. Avantax Advisory Services Inc. now owns 225,475 shares of the company’s stock worth $18,382,000 after buying an additional 68,567 shares during the period.

DVY traded down $0.07 during trading hours on Wednesday, hitting $100.80. 756,316 shares of the company’s stock were exchanged, compared to its average volume of 932,165. iShares Select Dividend ETF has a 12-month low of $61.89 and a 12-month high of $107.36. The firm has a 50 day moving average of $96.03 and a 200 day moving average of $91.41.

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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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