iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by Webster Bank N. A.

Webster Bank N. A. lessened its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,583 shares of the company’s stock after selling 150 shares during the period. Webster Bank N. A.’s holdings in iShares Select Dividend ETF were worth $1,127,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC raised its position in shares of iShares Select Dividend ETF by 17,525.9% during the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after buying an additional 4,348,183 shares in the last quarter. LPL Financial LLC increased its stake in shares of iShares Select Dividend ETF by 4.6% during 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 during the period. JPMorgan Chase & Co. raised its holdings in iShares Select Dividend ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares in the last quarter. Raymond James & Associates boosted its stake in iShares Select Dividend ETF by 2.9% during the 3rd quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock valued at $78,940,000 after purchasing an additional 16,512 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in iShares Select Dividend ETF by 0.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock valued at $54,510,000 after purchasing an additional 2,072 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

DVY opened at $135.10 on Monday. The stock’s fifty day moving average is $135.50 and its 200-day moving average is $133.32. iShares Select Dividend ETF has a one year low of $112.42 and a one year high of $144.09. 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 Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $1.3164 dividend. The ex-dividend date was Tuesday, December 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.