Fifth Third Securities Inc. Has $2.96 Million Stake in iShares Select Dividend ETF (NASDAQ:DVY)

Fifth Third Securities Inc. reduced its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 3.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,522 shares of the company’s stock after selling 880 shares during the period. Fifth Third Securities Inc.’s holdings in iShares Select Dividend ETF were worth $2,957,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in DVY. Sanctuary Advisors LLC bought a new position in iShares Select Dividend ETF during the 2nd quarter valued at about $5,769,000. Passive Capital Management LLC. bought a new position in iShares Select Dividend ETF during the 2nd quarter valued at about $302,000. M&R Capital Management Inc. lifted its holdings in iShares Select Dividend ETF by 1,455.0% during 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. Canandaigua National Bank & Trust Co. bought a new position in shares of iShares Select Dividend ETF in the third quarter worth about $2,058,000. Finally, Park Avenue Securities LLC raised its stake in shares of iShares Select Dividend ETF by 51.6% in the third quarter. Park Avenue Securities LLC now owns 8,617 shares of the company’s stock worth $1,164,000 after acquiring an additional 2,934 shares during the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Trading Up 0.8 %

Shares of NASDAQ DVY opened at $135.70 on Friday. iShares Select Dividend ETF has a 1-year low of $112.42 and a 1-year high of $144.09. The company has a market cap of $20.31 billion, a PE ratio of 13.25 and a beta of 0.87. The company has a 50-day moving average of $135.28 and a two-hundred day moving average of $133.56.

iShares Select Dividend ETF Cuts Dividend

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