OLD Second National Bank of Aurora Cuts Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

OLD Second National Bank of Aurora reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 83.3% in the 1st quarter, HoldingsChannel reports. The firm owned 900 shares of the company’s stock after selling 4,478 shares during the period. OLD Second National Bank of Aurora’s holdings in iShares Select Dividend ETF were worth $111,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in DVY. Johnson Financial Group Inc. increased its holdings in iShares Select Dividend ETF by 20.0% in the fourth quarter. Johnson Financial Group Inc. now owns 7,653 shares of the company’s stock valued at $897,000 after buying an additional 1,278 shares in the last quarter. TIAA Trust National Association boosted its position in iShares Select Dividend ETF by 4.7% during the fourth quarter. TIAA Trust National Association now owns 9,725 shares of the company’s stock worth $1,140,000 after acquiring an additional 437 shares during the last quarter. Park Place Capital Corp boosted its position in iShares Select Dividend ETF by 1.6% during the fourth quarter. Park Place Capital Corp now owns 8,397 shares of the company’s stock worth $984,000 after acquiring an additional 129 shares during the last quarter. Capital Asset Advisory Services LLC boosted its position in iShares Select Dividend ETF by 1.5% during the first quarter. Capital Asset Advisory Services LLC now owns 7,390 shares of the company’s stock worth $894,000 after acquiring an additional 107 shares during the last quarter. Finally, Ledge Wealth Management Inc. acquired a new position in shares of iShares Select Dividend ETF in the 4th quarter valued at $202,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Trading Up 1.1 %

Shares of DVY traded up $1.42 during mid-day trading on Friday, reaching $125.50. The company had a trading volume of 228,091 shares, compared to its average volume of 506,892. The stock has a market cap of $18.84 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm has a fifty day simple moving average of $122.12 and a 200-day simple moving average of $119.32. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $125.99.

iShares Select Dividend ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a $0.9304 dividend. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 2.97%.

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.