Smithfield Trust Co Buys 656 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Smithfield Trust Co raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.3% during the third quarter, HoldingsChannel.com reports. The fund owned 52,766 shares of the company’s stock after purchasing an additional 656 shares during the quarter. Smithfield Trust Co’s holdings in iShares Select Dividend ETF were worth $7,116,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. LPL Financial LLC raised its holdings in shares of iShares Select Dividend ETF by 4.6% during the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after acquiring an additional 64,620 shares in the last quarter. STAR Financial Bank purchased a new stake in iShares Select Dividend ETF during the third quarter valued at $2,916,000. Citizens Financial Group Inc. RI lifted its position in iShares Select Dividend ETF by 4.5% during the third quarter. Citizens Financial Group Inc. RI now owns 59,757 shares of the company’s stock valued at $8,071,000 after purchasing an additional 2,597 shares during the last quarter. First Horizon Advisors Inc. grew its stake in shares of iShares Select Dividend ETF by 17.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 16,052 shares of the company’s stock worth $2,168,000 after buying an additional 2,383 shares in the last quarter. Finally, Hilton Capital Management LLC bought a new stake in shares of iShares Select Dividend ETF in the 3rd quarter worth about $737,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.3 %

Shares of NASDAQ DVY opened at $139.00 on Thursday. The stock has a market capitalization of $20.71 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $109.42 and a 12-month high of $139.90. The firm’s 50-day moving average price is $135.40 and its 200-day moving average price is $128.99.

iShares Select Dividend ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a $1.5496 dividend. The ex-dividend date was Wednesday, September 25th.

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.