Sanibel Captiva Trust Company Inc. Reduces Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Sanibel Captiva Trust Company Inc. decreased its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 15.6% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 2,710 shares of the company’s stock after selling 500 shares during the period. Sanibel Captiva Trust Company Inc.’s holdings in iShares Select Dividend ETF were worth $328,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in DVY. GAMMA Investing LLC bought a new position in iShares Select Dividend ETF in the 4th quarter worth $27,000. ORG Partners LLC purchased a new stake in iShares Select Dividend ETF during the second quarter valued at $32,000. Triad Wealth Partners LLC purchased a new position in shares of iShares Select Dividend ETF during the 2nd quarter worth $40,000. Parkside Financial Bank & Trust increased its stake in shares of iShares Select Dividend ETF by 91.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock worth $46,000 after purchasing an additional 186 shares in the last quarter. Finally, Headlands Technologies LLC lifted its position in iShares Select Dividend ETF by 884.6% during the first quarter. Headlands Technologies LLC now owns 384 shares of the company’s stock valued at $47,000 after purchasing an additional 345 shares in the last quarter. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.1 %

DVY traded up $0.17 during midday trading on Wednesday, reaching $130.08. The company had a trading volume of 215,684 shares, compared to its average volume of 489,557. iShares Select Dividend ETF has a 1 year low of $102.66 and a 1 year high of $131.02. The company has a market cap of $19.34 billion, a P/E ratio of 13.25 and a beta of 0.87. The business has a 50-day moving average of $124.51 and a two-hundred day moving average of $121.53.

iShares Select Dividend ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a $0.9304 dividend. The ex-dividend date was Tuesday, June 11th. This represents a $3.72 annualized dividend and a yield of 2.86%.

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.