iShares Select Dividend ETF (NASDAQ:DVY) Position Lowered by First Commonwealth Financial Corp PA

First Commonwealth Financial Corp PA lowered its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 2.8% during the third quarter, HoldingsChannel.com reports. The fund owned 26,503 shares of the company’s stock after selling 772 shares during the period. iShares Select Dividend ETF accounts for about 0.9% of First Commonwealth Financial Corp PA’s portfolio, making the stock its 15th biggest position. First Commonwealth Financial Corp PA’s holdings in iShares Select Dividend ETF were worth $3,580,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. RiverGlades Family Offices LLC acquired a new position in iShares Select Dividend ETF in the third quarter worth approximately $223,000. Glenmede Trust Co. NA boosted its stake in shares of iShares Select Dividend ETF by 3.8% during the 3rd quarter. Glenmede Trust Co. NA now owns 248,395 shares of the company’s stock valued at $33,551,000 after buying an additional 8,983 shares during the period. Townsquare Capital LLC boosted its stake in shares of iShares Select Dividend ETF by 9.1% during the 3rd quarter. Townsquare Capital LLC now owns 5,161 shares of the company’s stock valued at $697,000 after buying an additional 432 shares during the period. Cadence Bank acquired a new stake in shares of iShares Select Dividend ETF during the 3rd quarter valued at $1,060,000. Finally, FMR LLC lifted its stake in shares of iShares Select Dividend ETF by 19.9% in the 3rd quarter. FMR LLC now owns 137,441 shares of the company’s stock valued at $18,564,000 after purchasing an additional 22,833 shares during the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of DVY stock traded up $0.62 on Wednesday, hitting $143.92. The company’s stock had a trading volume of 39,485 shares, compared to its average volume of 446,750. The stock has a market capitalization of $21.44 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $110.04 and a fifty-two week high of $144.09. The firm’s fifty day moving average price is $136.08 and its 200-day moving average price is $129.57.

iShares Select Dividend ETF Announces Dividend

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

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.