Sanibel Captiva Trust Company Inc. Increases Position in iShares Select Dividend ETF (NASDAQ:DVY)

Sanibel Captiva Trust Company Inc. grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 44.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,910 shares of the company’s stock after acquiring an additional 1,200 shares during the quarter. Sanibel Captiva Trust Company Inc.’s holdings in iShares Select Dividend ETF were worth $513,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of DVY. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in 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 valued at $25,000 after purchasing an additional 150 shares during the period. ORG Wealth Partners LLC purchased a new stake in shares of iShares Select Dividend ETF during the 3rd quarter worth approximately $36,000. JDM Financial Group LLC grew its holdings in shares of iShares Select Dividend ETF by 33.3% during the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after purchasing an additional 75 shares during the last quarter. M&R Capital Management Inc. raised its position in iShares Select Dividend ETF by 1,455.0% in the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after purchasing an additional 291 shares during the last quarter. Finally, ORG Partners LLC boosted its stake in shares of iShares Select Dividend ETF by 331.9% during the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after buying an additional 375 shares during the period. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of DVY opened at $134.80 on Monday. The stock has a market capitalization of $20.47 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1 year low of $112.42 and a 1 year high of $144.09. The company’s fifty day moving average is $135.84 and its two-hundred day moving average is $132.90.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued 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.