iShares Select Dividend ETF (NASDAQ:DVY) Holdings Trimmed by Ledyard National Bank

Ledyard National Bank trimmed its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.8% during the 4th quarter, HoldingsChannel reports. The firm owned 8,128 shares of the company’s stock after selling 231 shares during the quarter. Ledyard National Bank’s holdings in iShares Select Dividend ETF were worth $953,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of DVY. Choreo LLC lifted its stake in shares of iShares Select Dividend ETF by 120.1% in the 4th quarter. Choreo LLC now owns 11,997 shares of the company’s stock valued at $1,406,000 after purchasing an additional 6,547 shares during the last quarter. Magnus Financial Group LLC lifted its stake in shares of iShares Select Dividend ETF by 4.0% in the 4th quarter. Magnus Financial Group LLC now owns 15,145 shares of the company’s stock valued at $1,775,000 after purchasing an additional 582 shares during the last quarter. Paradigm Financial Partners LLC acquired a new position in iShares Select Dividend ETF during the 4th quarter worth $216,000. Schwarz Dygos Wheeler Investment Advisors LLC lifted its position in iShares Select Dividend ETF by 2.2% during the 4th quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 90,134 shares of the company’s stock worth $10,566,000 after acquiring an additional 1,935 shares during the last quarter. Finally, Valmark Advisers Inc. lifted its position in iShares Select Dividend ETF by 0.3% during the 4th quarter. Valmark Advisers Inc. now owns 216,115 shares of the company’s stock worth $25,333,000 after acquiring an additional 675 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.6 %

iShares Select Dividend ETF stock traded down $0.67 on Tuesday, reaching $119.98. 172,657 shares of the stock were exchanged, compared to its average volume of 565,685. The stock has a market cap of $18.24 billion, a PE ratio of 12.98 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $123.43. The firm has a fifty day moving average price of $119.22 and a two-hundred day moving average price of $115.03.

iShares Select Dividend ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.9976 per share. The ex-dividend date was Thursday, March 21st. This represents a $3.99 annualized dividend and a dividend yield of 3.33%.

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.