AMG National Trust Bank Buys 1,822 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

AMG National Trust Bank lifted its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 0.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 295,675 shares of the company’s stock after purchasing an additional 1,822 shares during the period. iShares Select Dividend ETF comprises 1.1% of AMG National Trust Bank’s holdings, making the stock its 22nd biggest position. AMG National Trust Bank’s holdings in iShares Select Dividend ETF were worth $38,720,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Bank of New York Mellon Corp lifted its position in shares of iShares Select Dividend ETF by 0.7% in the 4th quarter. Bank of New York Mellon Corp now owns 1,881,782 shares of the company’s stock worth $247,059,000 after purchasing an additional 13,228 shares during the period. LPL Financial LLC lifted its position in shares of iShares Select Dividend ETF by 4.6% in the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after purchasing an additional 64,620 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after purchasing an additional 7,012 shares during the period. Truist Financial Corp lifted its position in shares of iShares Select Dividend ETF by 3.9% in the 4th quarter. Truist Financial Corp now owns 1,195,080 shares of the company’s stock worth $156,902,000 after purchasing an additional 44,508 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in iShares Select Dividend ETF during the fourth quarter valued at approximately $156,322,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Down 0.6 %

NASDAQ:DVY opened at $132.98 on Friday. iShares Select Dividend ETF has a 52 week low of $115.43 and a 52 week high of $144.09. The firm has a 50 day moving average of $134.17 and a 200 day moving average of $134.99. The stock has a market capitalization of $19.77 billion, a price-to-earnings ratio of 16.35 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

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.