First National Trust Co Sells 296 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

First National Trust Co trimmed its position in iShares Select Dividend ETF (NASDAQ:DVY) by 3.0% in the third quarter, Holdings Channel reports. The fund owned 9,591 shares of the company’s stock after selling 296 shares during the quarter. First National Trust Co’s holdings in iShares Select Dividend ETF were worth $1,295,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Harbour Investments Inc. grew its holdings in iShares Select Dividend ETF by 29.9% during the 3rd quarter. Harbour Investments Inc. now owns 8,667 shares of the company’s stock worth $1,171,000 after acquiring an additional 1,994 shares during the last quarter. Ashton Thomas Securities LLC grew its stake in shares of iShares Select Dividend ETF by 72.7% in the third quarter. Ashton Thomas Securities LLC now owns 1,190 shares of the company’s stock worth $161,000 after purchasing an additional 501 shares during the last quarter. Colonial River Investments LLC acquired a new stake in iShares Select Dividend ETF in the third quarter valued at $201,000. Round Rock Advisors LLC lifted its holdings in iShares Select Dividend ETF by 2.4% during the 3rd quarter. Round Rock Advisors LLC now owns 87,921 shares of the company’s stock worth $11,876,000 after buying an additional 2,071 shares during the period. Finally, Axxcess Wealth Management LLC lifted its holdings in iShares Select Dividend ETF by 14.7% during the 3rd quarter. Axxcess Wealth Management LLC now owns 8,458 shares of the company’s stock worth $1,142,000 after buying an additional 1,083 shares during the period. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Down 0.7 %

Shares of DVY stock opened at $138.15 on Wednesday. The stock has a 50-day moving average of $134.56 and a 200-day moving average of $128.15. The stock has a market cap of $20.58 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 1-year low of $105.65 and a 1-year high of $139.90.

iShares Select Dividend ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a dividend of $1.5496 per share. The ex-dividend date of this dividend 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.