First National Trust Co Sells 1,394 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

First National Trust Co decreased its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 11.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,706 shares of the company’s stock after selling 1,394 shares during the period. First National Trust Co’s holdings in iShares Select Dividend ETF were worth $1,255,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Verdence Capital Advisors LLC grew its stake in shares of iShares Select Dividend ETF by 30.0% during the 3rd quarter. Verdence Capital Advisors LLC now owns 11,245 shares of the company’s stock worth $1,210,000 after acquiring an additional 2,595 shares during the period. Chatham Capital Group Inc. increased its stake in shares of iShares Select Dividend ETF by 1.6% in the third quarter. Chatham Capital Group Inc. now owns 8,298 shares of the company’s stock worth $893,000 after purchasing an additional 130 shares in the last quarter. Calamos Wealth Management LLC bought a new stake in shares of iShares Select Dividend ETF in the third quarter valued at approximately $279,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of iShares Select Dividend ETF by 5.6% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,000 shares of the company’s stock valued at $2,045,000 after buying an additional 1,000 shares in the last quarter. Finally, Park Avenue Securities LLC purchased a new stake in shares of iShares Select Dividend ETF during the third quarter worth $679,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

NASDAQ DVY traded up $0.56 during trading hours on Friday, hitting $121.24. The company had a trading volume of 357,588 shares, compared to its average volume of 563,234. The firm has a 50 day simple moving average of $119.56 and a 200 day simple moving average of $115.29. The firm has a market capitalization of $18.39 billion, a price-to-earnings ratio of 13.25 and a beta of 0.68. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $123.43.

iShares Select Dividend ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were issued a $0.9976 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $3.99 annualized dividend and a dividend yield of 3.29%.

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.