Citizens Financial Group Inc. RI Trims Position in iShares Select Dividend ETF (NASDAQ:DVY)

Citizens Financial Group Inc. RI decreased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 7.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 60,805 shares of the company’s stock after selling 4,679 shares during the period. Citizens Financial Group Inc. RI’s holdings in iShares Select Dividend ETF were worth $7,128,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of DVY. International Assets Investment Management LLC lifted its stake in shares of iShares Select Dividend ETF by 12,638.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock valued at $282,196,000 after buying an additional 2,388,510 shares during the period. Comerica Bank purchased a new position in shares of iShares Select Dividend ETF during the third quarter valued at approximately $61,160,000. Miller Howard Investments Inc. NY lifted its stake in shares of iShares Select Dividend ETF by 110.0% during the fourth quarter. Miller Howard Investments Inc. NY now owns 403,081 shares of the company’s stock valued at $47,249,000 after buying an additional 211,112 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of iShares Select Dividend ETF by 244.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 171,206 shares of the company’s stock valued at $18,429,000 after buying an additional 121,551 shares during the period. Finally, Northern Trust Corp raised its stake in iShares Select Dividend ETF by 3.0% during the third quarter. Northern Trust Corp now owns 3,446,617 shares of the company’s stock worth $370,994,000 after purchasing an additional 101,996 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.3 %

NASDAQ:DVY opened at $119.78 on Friday. The company has a market cap of $18.20 billion, a P/E ratio of 12.98 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $123.43. The firm’s 50 day moving average is $119.11 and its two-hundred day moving average is $114.89.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.9976 per share. This represents a $3.99 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date of this dividend was Thursday, March 21st.

iShares Select Dividend ETF 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.