Fifth Third Bancorp Purchases 13,257 Shares of iShares Select Dividend ETF $DVY

Fifth Third Bancorp lifted its position in iShares Select Dividend ETF (NASDAQ:DVYFree Report) by 2.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 658,941 shares of the company’s stock after acquiring an additional 13,257 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Select Dividend ETF were worth $102,992,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sage Capital Advisors llc lifted its position in shares of iShares Select Dividend ETF by 2.2% during the second quarter. Sage Capital Advisors llc now owns 2,993 shares of the company’s stock valued at $468,000 after purchasing an additional 64 shares in the last quarter. Archer Investment Corp increased its stake in iShares Select Dividend ETF by 0.9% in the 4th quarter. Archer Investment Corp now owns 7,840 shares of the company’s stock valued at $1,106,000 after buying an additional 69 shares during the last quarter. Kingsview Wealth Management LLC increased its stake in iShares Select Dividend ETF by 1.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 4,463 shares of the company’s stock valued at $630,000 after buying an additional 69 shares during the last quarter. Harbor Asset Planning Inc. increased its stake in iShares Select Dividend ETF by 3.4% in the 1st quarter. Harbor Asset Planning Inc. now owns 2,202 shares of the company’s stock valued at $333,000 after buying an additional 72 shares during the last quarter. Finally, Journey Advisory Group LLC lifted its position in shares of 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. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.4%

Shares of NASDAQ DVY opened at $165.50 on Friday. iShares Select Dividend ETF has a twelve month low of $137.16 and a twelve month high of $166.79. The stock’s 50 day moving average price is $159.47 and its 200-day moving average price is $155.25. The company has a market capitalization of $24.11 billion, a PE ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $1.2472 per share. The ex-dividend date of this dividend was Monday, June 15th. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. This represents a $4.99 dividend on an annualized basis and a dividend yield of 3.0%.

iShares Select Dividend ETF Company 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.

See Also

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)

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