Stock Yards Bank & Trust Co. Sells 3,780 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Stock Yards Bank & Trust Co. lessened its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 28.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,459 shares of the company’s stock after selling 3,780 shares during the period. Stock Yards Bank & Trust Co.’s holdings in iShares Select Dividend ETF were worth $1,242,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. International Assets Investment Management LLC raised its position in shares of 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 buying an additional 4,348,183 shares in the last quarter. LPL Financial LLC increased its stake in iShares Select Dividend ETF by 4.6% during the third quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after acquiring an additional 64,620 shares during the last quarter. JPMorgan Chase & Co. raised its position in 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 purchasing an additional 7,012 shares during the period. Raymond James & Associates lifted its stake in shares of iShares Select Dividend ETF by 2.9% in the 3rd quarter. Raymond James & Associates now owns 584,439 shares of the company’s stock valued at $78,940,000 after purchasing an additional 16,512 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 403,745 shares of the company’s stock worth $54,510,000 after purchasing an additional 2,072 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $134.25 on Tuesday. The firm has a market capitalization of $19.98 billion, a PE ratio of 13.25 and a beta of 0.87. The stock’s fifty day moving average is $135.03 and its 200 day moving average is $133.73. iShares Select Dividend ETF has a fifty-two week low of $112.42 and a fifty-two week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $1.3164 per share. The ex-dividend date was Tuesday, December 17th.

About iShares Select Dividend ETF

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.