Whittier Trust Co. Sells 480 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Whittier Trust Co. cut its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 4.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,412 shares of the company’s stock after selling 480 shares during the period. Whittier Trust Co.’s holdings in iShares Select Dividend ETF were worth $1,367,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Wealthfront Advisers LLC grew its position in shares of iShares Select Dividend ETF by 194,486.4% during the fourth quarter. Wealthfront Advisers LLC now owns 24,488,697 shares of the company’s stock worth $3,215,121,000 after purchasing an additional 24,476,112 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in iShares Select Dividend ETF by 0.7% in the 4th quarter. Bank of New York Mellon Corp now owns 1,881,782 shares of the company’s stock worth $247,059,000 after purchasing an additional 13,228 shares during the period. LPL Financial LLC grew its holdings in iShares Select Dividend ETF by 4.6% during the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock valued at $197,989,000 after buying an additional 64,620 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares Select Dividend ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock valued at $186,510,000 after buying an additional 7,012 shares during the last quarter. Finally, Truist Financial Corp lifted its holdings in shares of iShares Select Dividend ETF by 3.9% in the fourth quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock worth $156,902,000 after buying an additional 44,508 shares in the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ:DVY opened at $132.77 on Friday. The firm has a market cap of $19.61 billion, a price-to-earnings ratio of 15.96 and a beta of 0.88. The firm has a fifty day moving average price of $134.60 and a 200 day moving average price of $135.06. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a dividend of $1.0495 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.