Essex Savings Bank Has $417,000 Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Essex Savings Bank reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,086 shares of the company’s stock after selling 81 shares during the quarter. Essex Savings Bank’s holdings in iShares Select Dividend ETF were worth $417,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Addison Advisors LLC raised its stake in iShares Select Dividend ETF by 107.1% during the 2nd quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after buying an additional 120 shares during the period. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares Select Dividend ETF in the second quarter worth approximately $30,000. ORG Partners LLC purchased a new stake in shares of iShares Select Dividend ETF in the second quarter worth approximately $32,000. Family Firm Inc. purchased a new stake in shares of iShares Select Dividend ETF in the second quarter worth approximately $36,000. Finally, ORG Wealth Partners LLC purchased a new stake in shares of iShares Select Dividend ETF in the third quarter worth approximately $36,000. 46.08% of the stock is owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Up 0.5 %

Shares of iShares Select Dividend ETF stock opened at $138.16 on Friday. The company has a market cap of $20.59 billion, a PE ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52 week low of $105.58 and a 52 week high of $138.70. The business has a 50 day moving average price of $134.46 and a 200-day moving average price of $127.92.

iShares Select Dividend ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a $1.5496 dividend. The ex-dividend date was Wednesday, September 25th.

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.