Trust Co. of Vermont purchased a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,416 shares of the company’s stock, valued at approximately $1,003,000.
Other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Select Dividend ETF by 1,771.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,385,482 shares of the company’s stock valued at $901,247,000 after acquiring an additional 6,044,290 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of iShares Select Dividend ETF by 178.6% during the 1st quarter. Fifth Third Bancorp now owns 645,684 shares of the company’s stock worth $97,763,000 after purchasing an additional 413,908 shares during the last quarter. Align Financial LLC bought a new stake in shares of iShares Select Dividend ETF in the 4th quarter worth approximately $39,639,000. Morgan Stanley raised its holdings in shares of iShares Select Dividend ETF by 3.6% in the 4th quarter. Morgan Stanley now owns 6,506,794 shares of the company’s stock worth $918,369,000 after purchasing an additional 224,125 shares during the period. Finally, Corient Private Wealth LLC lifted its stake in iShares Select Dividend ETF by 236.4% in the fourth quarter. Corient Private Wealth LLC now owns 282,323 shares of the company’s stock valued at $39,847,000 after purchasing an additional 198,397 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.
iShares Select Dividend ETF Trading Up 0.5%
Shares of NASDAQ DVY opened at $165.07 on Wednesday. The stock has a fifty day simple moving average of $159.86 and a two-hundred day simple moving average of $155.51. iShares Select Dividend ETF has a 1-year low of $137.16 and a 1-year high of $166.79. The firm has a market cap of $24.04 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66.
iShares Select Dividend ETF Increases Dividend
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. 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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