iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp lessened its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 288,110 shares of the company’s stock after selling 10,973 shares during the quarter. Fifth Third Bancorp owned about 0.19% of iShares Select Dividend ETF worth $37,826,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. International Assets Investment Management LLC grew its stake in shares of iShares Select Dividend ETF by 17,525.9% in the third quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after buying an additional 4,348,183 shares in the last quarter. Gilman Hill Asset Management LLC boosted its holdings in iShares Select Dividend ETF by 1,439.1% in the 4th quarter. Gilman Hill Asset Management LLC now owns 161,377 shares of the company’s stock worth $21,187,000 after acquiring an additional 150,892 shares during the period. LPL Financial LLC grew its position in iShares Select Dividend ETF by 4.6% in the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after acquiring an additional 64,620 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of iShares Select Dividend ETF during the second quarter valued at approximately $5,769,000. Finally, Florin Court Capital LLP raised its stake in shares of iShares Select Dividend ETF by 119.7% during the third quarter. Florin Court Capital LLP now owns 65,700 shares of the company’s stock valued at $8,874,000 after purchasing an additional 35,800 shares during the period. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Up 0.6 %

Shares of DVY stock opened at $135.10 on Friday. The firm has a fifty day simple moving average of $135.50 and a 200-day simple moving average of $133.23. The company has a market capitalization of $20.24 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

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.