Cullen Frost Bankers Inc. Has $17.03 Million Stock Position in iShares Select Dividend ETF $DVY

Cullen Frost Bankers Inc. raised its stake in shares of iShares Select Dividend ETF (NASDAQ:DVYFree Report) by 8.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 120,639 shares of the company’s stock after acquiring an additional 9,252 shares during the quarter. Cullen Frost Bankers Inc. owned approximately 0.08% of iShares Select Dividend ETF worth $17,027,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in DVY. Archer Investment Corp boosted its stake in iShares Select Dividend ETF by 0.9% in the fourth quarter. Archer Investment Corp now owns 7,840 shares of the company’s stock worth $1,106,000 after purchasing an additional 69 shares in the last quarter. Romano Brothers AND Company increased its stake in shares of iShares Select Dividend ETF by 0.7% in the fourth quarter. Romano Brothers AND Company now owns 10,023 shares of the company’s stock valued at $1,415,000 after buying an additional 70 shares in the last quarter. Compound Planning Inc. raised its holdings in shares of iShares Select Dividend ETF by 2.7% in the third quarter. Compound Planning Inc. now owns 2,785 shares of the company’s stock valued at $396,000 after buying an additional 74 shares during the last quarter. Journey Advisory Group LLC lifted its position in iShares Select Dividend ETF by 0.8% during the 4th quarter. Journey Advisory Group LLC now owns 9,693 shares of the company’s stock worth $1,368,000 after buying an additional 75 shares in the last quarter. Finally, Murphy & Mullick Capital Management Corp lifted its position in iShares Select Dividend ETF by 24.8% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 382 shares of the company’s stock worth $53,000 after buying an additional 76 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.4%

DVY opened at $153.27 on Thursday. The stock has a market capitalization of $22.55 billion, a PE ratio of 13.69 and a beta of 0.67. iShares Select Dividend ETF has a 1-year low of $128.96 and a 1-year high of $160.38. The firm has a 50-day moving average price of $151.70 and a two-hundred day moving average price of $148.36.

iShares Select Dividend ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a dividend of $1.1493 per share. The ex-dividend date was Tuesday, March 17th. This represents a $4.60 dividend on an annualized basis and a yield of 3.0%.

About iShares Select Dividend ETF

(Free Report)

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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