OLD National Bancorp IN Decreases Stake in iShares Select Dividend ETF (NASDAQ:DVY)

OLD National Bancorp IN lowered its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 63,127 shares of the company’s stock after selling 1,476 shares during the quarter. OLD National Bancorp IN’s holdings in iShares Select Dividend ETF were worth $8,527,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Addison Advisors LLC grew its holdings in shares of iShares Select Dividend ETF by 107.1% during the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after purchasing an additional 120 shares during the period. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth about $30,000. ORG Partners LLC purchased a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth about $32,000. Family Firm Inc. purchased a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth about $36,000. Finally, ORG Wealth Partners LLC purchased a new stake in shares of iShares Select Dividend ETF during the 3rd quarter worth about $36,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock traded up $0.31 during midday trading on Friday, hitting $136.88. 297,238 shares of the company were exchanged, compared to its average volume of 465,032. The company’s fifty day moving average price is $133.03 and its 200-day moving average price is $126.29. The company has a market cap of $20.46 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $137.26.

iShares Select Dividend ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $1.5496 per share. The ex-dividend date was Wednesday, September 25th.

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.