iShares Select Dividend ETF $DVY Shares Acquired by AMG National Trust Bank

AMG National Trust Bank grew its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 0.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 299,320 shares of the company’s stock after purchasing an additional 1,152 shares during the quarter. iShares Select Dividend ETF accounts for about 1.0% of AMG National Trust Bank’s holdings, making the stock its 24th biggest holding. AMG National Trust Bank owned about 0.20% of iShares Select Dividend ETF worth $39,753,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Brighton Jones LLC boosted its stake in shares of iShares Select Dividend ETF by 0.7% in the second quarter. Brighton Jones LLC now owns 11,418 shares of the company’s stock valued at $1,516,000 after purchasing an additional 75 shares during the period. Precedent Wealth Partners LLC boosted its stake in shares of iShares Select Dividend ETF by 0.7% in the second quarter. Precedent Wealth Partners LLC now owns 11,185 shares of the company’s stock valued at $1,486,000 after purchasing an additional 77 shares during the period. Keudell Morrison Wealth Management boosted its stake in shares of iShares Select Dividend ETF by 1.0% in the second quarter. Keudell Morrison Wealth Management now owns 8,224 shares of the company’s stock valued at $1,092,000 after purchasing an additional 79 shares during the period. TFC Financial Management Inc. boosted its stake in shares of iShares Select Dividend ETF by 2.3% in the second quarter. TFC Financial Management Inc. now owns 3,567 shares of the company’s stock valued at $474,000 after purchasing an additional 80 shares during the period. Finally, CRA Financial Services LLC boosted its holdings in iShares Select Dividend ETF by 1.0% in the second quarter. CRA Financial Services LLC now owns 9,620 shares of the company’s stock valued at $1,278,000 after purchasing an additional 91 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.7%

NASDAQ:DVY opened at $139.46 on Friday. The firm has a market cap of $20.42 billion, a PE ratio of 13.69 and a beta of 0.77. The stock has a fifty day moving average price of $141.19 and a 200 day moving average price of $135.64. iShares Select Dividend ETF has a 12-month low of $115.94 and a 12-month high of $144.09.

iShares Select Dividend ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were issued a $1.2465 dividend. This represents a $4.99 dividend on an annualized basis and a yield of 3.6%. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.23. The ex-dividend date was Tuesday, September 16th.

iShares Select Dividend ETF Company 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.