iShares Select Dividend ETF $DVY Stake Reduced by Tompkins Financial Corp

Tompkins Financial Corp trimmed its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 50.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,960 shares of the company’s stock after selling 5,015 shares during the quarter. Tompkins Financial Corp’s holdings in iShares Select Dividend ETF were worth $700,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Parvin Asset Management LLC acquired a new stake in iShares Select Dividend ETF during the second quarter valued at approximately $27,000. Ransom Advisory Ltd acquired a new position in iShares Select Dividend ETF in the fourth quarter worth approximately $27,000. Total Investment Management Inc. acquired a new position in iShares Select Dividend ETF in the second quarter worth approximately $29,000. Kilter Group LLC bought a new position in shares of iShares Select Dividend ETF in the second quarter valued at $31,000. Finally, Qube Research & Technologies Ltd bought a new position in shares of iShares Select Dividend ETF in the second quarter valued at $34,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY opened at $145.93 on Monday. The company has a market capitalization of $21.28 billion, a PE ratio of 13.69 and a beta of 0.77. The stock has a fifty day moving average of $152.12 and a 200-day moving average of $145.19. iShares Select Dividend ETF has a one year low of $115.94 and a one year high of $160.38.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a dividend of $1.1493 per share. This represents a $4.60 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Tuesday, March 17th.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.