First National Bank & Trust Co. of Newtown Reduces Stake in iShares Select Dividend ETF (DVY)

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First National Bank & Trust Co. of Newtown lowered its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 0.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 193,356 shares of the company’s stock after selling 1,081 shares during the period. iShares Select Dividend ETF accounts for 5.1% of First National Bank & Trust Co. of Newtown’s holdings, making the stock its 4th biggest position. First National Bank & Trust Co. of Newtown’s holdings in iShares Select Dividend ETF were worth $19,289,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Gradient Investments LLC raised its stake in iShares Select Dividend ETF by 273.0% in the 3rd quarter. Gradient Investments LLC now owns 4,111 shares of the company’s stock valued at $102,000 after acquiring an additional 3,009 shares during the period. Stuart Chaussee & Associates Inc. bought a new stake in iShares Select Dividend ETF in the 2nd quarter valued at $105,000. Polaris Greystone Financial Group LLC bought a new stake in iShares Select Dividend ETF in the 3rd quarter valued at $105,000. Truewealth LLC raised its stake in iShares Select Dividend ETF by 97.0% in the 2nd quarter. Truewealth LLC now owns 1,182 shares of the company’s stock valued at $116,000 after acquiring an additional 582 shares during the period. Finally, Truvestments Capital LLC bought a new stake in iShares Select Dividend ETF in the 3rd quarter valued at $144,000.

DVY traded up $1.18 during trading hours on Tuesday, reaching $95.93. The company’s stock had a trading volume of 182,025 shares, compared to its average volume of 631,574. iShares Select Dividend ETF has a 52 week low of $91.67 and a 52 week high of $102.54.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 2nd. Shareholders of record on Thursday, September 27th were issued a $0.859 dividend. This represents a $3.44 dividend on an annualized basis and a yield of 3.58%. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $0.80. The ex-dividend date of this dividend was Wednesday, September 26th.

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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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