iShares Select Dividend ETF (NASDAQ:DVY) is First National Bank & Trust Co. of Newtown’s 5th Largest Position

First National Bank & Trust Co. of Newtown lowered its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 180,272 shares of the company’s stock after selling 3,870 shares during the period. iShares Select Dividend ETF comprises approximately 4.7% of First National Bank & Trust Co. of Newtown’s portfolio, making the stock its 5th biggest holding. First National Bank & Trust Co. of Newtown’s holdings in iShares Select Dividend ETF were worth $24,349,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in iShares Select Dividend ETF by 17,525.9% during the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock valued at $590,660,000 after acquiring an additional 4,348,183 shares during the period. LPL Financial LLC grew its position in iShares Select Dividend ETF by 2.5% during the 2nd quarter. LPL Financial LLC now owns 1,401,205 shares of the company’s stock worth $169,518,000 after purchasing an additional 34,221 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of iShares Select Dividend ETF by 2.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 649,767 shares of the company’s stock valued at $78,609,000 after acquiring an additional 13,366 shares during the period. Jane Street Group LLC increased its holdings in shares of iShares Select Dividend ETF by 1,872.8% in the first quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock valued at $76,060,000 after purchasing an additional 586,170 shares during the period. Finally, Raymond James & Associates raised its position in iShares Select Dividend ETF by 2.9% during the 3rd quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock worth $78,940,000 after buying an additional 16,512 shares during the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.7 %

Shares of DVY stock opened at $137.51 on Friday. iShares Select Dividend ETF has a 52-week low of $105.58 and a 52-week high of $138.70. The business has a 50-day simple moving average of $134.28 and a 200-day simple moving average of $127.72. The stock has a market cap of $20.49 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a $1.5496 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

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.