Suntrust Banks Inc. reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.0% in the 4th quarter, Holdings Channel reports. The firm owned 2,641,431 shares of the company’s stock after selling 199,628 shares during the quarter. iShares Select Dividend ETF comprises approximately 1.4% of Suntrust Banks Inc.’s portfolio, making the stock its 8th biggest holding. Suntrust Banks Inc.’s holdings in iShares Select Dividend ETF were worth $260,338,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. FMR LLC raised its holdings in iShares Select Dividend ETF by 3.6% in the 2nd quarter. FMR LLC now owns 51,361 shares of the company’s stock valued at $4,736,000 after acquiring an additional 1,767 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in iShares Select Dividend ETF by 75.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 19,651 shares of the company’s stock valued at $1,812,000 after acquiring an additional 8,432 shares in the last quarter. Huntington Steele LLC raised its holdings in iShares Select Dividend ETF by 5.6% in the 3rd quarter. Huntington Steele LLC now owns 41,122 shares of the company’s stock valued at $3,851,000 after acquiring an additional 2,175 shares in the last quarter. Rockefeller Financial Services Inc. acquired a new position in iShares Select Dividend ETF in the 3rd quarter valued at $2,716,000. Finally, Financial Advisory Service Inc. raised its holdings in iShares Select Dividend ETF by 1.4% in the 3rd quarter. Financial Advisory Service Inc. now owns 75,985 shares of the company’s stock valued at $7,116,000 after acquiring an additional 1,044 shares in the last quarter.
Shares of iShares Select Dividend ETF (DVY) traded up $0.14 during midday trading on Tuesday, reaching $97.99. The company’s stock had a trading volume of 459,000 shares, compared to its average volume of 929,232. The firm has a market cap of $17,310.00, a PE ratio of 16.66 and a beta of 0.72. iShares Select Dividend ETF has a 52-week low of $89.53 and a 52-week high of $102.32.
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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.
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