Stock Yards Bank & Trust Co. Buys 12,596 Shares of iShares Select Dividend ETF $DVY

Stock Yards Bank & Trust Co. boosted its stake in shares of iShares Select Dividend ETF (NASDAQ:DVYFree Report) by 75.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 29,209 shares of the company’s stock after buying an additional 12,596 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in iShares Select Dividend ETF were worth $4,423,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Caitlin John LLC acquired a new stake in shares of iShares Select Dividend ETF in the fourth quarter valued at about $25,000. Elevated Capital Advisors LLC acquired a new stake in iShares Select Dividend ETF during the 4th quarter valued at approximately $26,000. Ransom Advisory Ltd acquired a new stake in iShares Select Dividend ETF during the 4th quarter valued at approximately $27,000. Miller Capital Partners Inc. acquired a new stake in iShares Select Dividend ETF during the 4th quarter valued at approximately $30,000. Finally, Qube Research & Technologies Ltd bought a new position in iShares Select Dividend ETF during the 2nd quarter worth approximately $34,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $157.00 on Thursday. The company has a market capitalization of $23.09 billion, a P/E ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 52-week low of $132.83 and a 52-week high of $160.38. The company’s 50 day moving average price is $154.41 and its 200-day moving average price is $151.45.

iShares Select Dividend ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $1.2472 per share. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. This represents a $4.99 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Monday, June 15th.

iShares Select Dividend ETF Profile

(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.

Featured Articles

Want to see what other hedge funds are holding DVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Select Dividend ETF (NASDAQ:DVYFree Report).

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

Receive News & Ratings for iShares Select Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Select Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.