BankPlus Trust Department Invests $182,000 in iShares Select Dividend ETF (NASDAQ:DVY)

BankPlus Trust Department bought a new position in shares of iShares Select Dividend ETF (NASDAQ:DVY) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,388 shares of the company’s stock, valued at approximately $182,000.

Other institutional investors also recently added to or reduced their stakes in the company. Banque Cantonale Vaudoise boosted its position in iShares Select Dividend ETF by 10.1% during the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock worth $108,000 after purchasing an additional 73 shares in the last quarter. JDM Financial Group LLC lifted its position in shares of iShares Select Dividend ETF by 33.3% in the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after acquiring an additional 75 shares in the last quarter. Richardson Financial Services Inc. lifted its position in shares of iShares Select Dividend ETF by 17.9% in the fourth quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock valued at $65,000 after acquiring an additional 75 shares in the last quarter. Unionview LLC lifted its position in shares of iShares Select Dividend ETF by 0.7% in the third quarter. Unionview LLC now owns 11,151 shares of the company’s stock valued at $1,506,000 after acquiring an additional 76 shares in the last quarter. Finally, CMG Global Holdings LLC lifted its position in shares of iShares Select Dividend ETF by 0.5% in the third quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock valued at $2,335,000 after acquiring an additional 80 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.2 %

Shares of NASDAQ:DVY opened at $136.98 on Tuesday. iShares Select Dividend ETF has a 52-week low of $115.02 and a 52-week high of $144.09. The stock’s fifty day simple moving average is $133.52 and its 200-day simple moving average is $134.63. The company has a market capitalization of $20.36 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.