M&T Bank Corp Increases Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

M&T Bank Corp lifted its position in iShares Select Dividend ETF (NASDAQ:DVY) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 234,828 shares of the company’s stock after purchasing an additional 4,998 shares during the quarter. M&T Bank Corp owned about 0.16% of iShares Select Dividend ETF worth $30,831,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares Select Dividend ETF by 340.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 194 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares during the last quarter. Creative Capital Management Investments LLC purchased a new stake in shares of iShares Select Dividend ETF in the fourth quarter valued at approximately $33,000. Roxbury Financial LLC purchased a new stake in shares of iShares Select Dividend ETF in the fourth quarter valued at approximately $38,000. JDM Financial Group LLC increased its position in shares of iShares Select Dividend ETF by 33.3% in the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after buying an additional 75 shares in the last quarter. Finally, Weaver Capital Management LLC purchased a new stake in shares of iShares Select Dividend ETF in the fourth quarter valued at approximately $43,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Price Performance

iShares Select Dividend ETF stock opened at $133.84 on Thursday. The stock has a market capitalization of $19.90 billion, a PE ratio of 16.35 and a beta of 0.87. iShares Select Dividend ETF has a 12 month low of $115.43 and a 12 month high of $144.09. The business has a 50 day simple moving average of $134.17 and a 200-day simple moving average of $135.01.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

iShares Select Dividend ETF Company 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.