Independence Bank of Kentucky Sells 350 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Independence Bank of Kentucky decreased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 3.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,855 shares of the company’s stock after selling 350 shares during the period. Independence Bank of Kentucky’s holdings in iShares Select Dividend ETF were worth $1,196,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of DVY. LPL Financial LLC grew its holdings in shares of iShares Select Dividend ETF by 2.5% in the second quarter. LPL Financial LLC now owns 1,401,205 shares of the company’s stock worth $169,518,000 after acquiring an additional 34,221 shares during the period. Commonwealth Equity Services LLC grew its holdings in shares of iShares Select Dividend ETF by 2.1% in the second quarter. Commonwealth Equity Services LLC now owns 649,767 shares of the company’s stock worth $78,609,000 after acquiring an additional 13,366 shares during the period. Jane Street Group LLC grew its holdings in iShares Select Dividend ETF by 1,872.8% during 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. Miller Howard Investments Inc. NY grew its holdings in iShares Select Dividend ETF by 400.3% during the second quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock valued at $38,126,000 after purchasing an additional 252,150 shares during the period. Finally, AMG National Trust Bank grew its holdings in iShares Select Dividend ETF by 5.3% during the second quarter. AMG National Trust Bank now owns 294,707 shares of the company’s stock valued at $35,654,000 after purchasing an additional 14,816 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.8 %

NASDAQ:DVY traded up $1.02 during mid-day trading on Friday, hitting $133.82. 42,574 shares of the company traded hands, compared to its average volume of 464,087. The firm has a market cap of $20.01 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The stock’s fifty day moving average price is $131.80 and its 200-day moving average price is $125.67. iShares Select Dividend ETF has a one year low of $102.66 and a one year high of $136.36.

iShares Select Dividend ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a dividend of $1.5496 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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.