First National Bank & Trust Co. of Newtown Sells 19,223 Shares of iShares Select Dividend ETF $DVY

First National Bank & Trust Co. of Newtown lowered its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 11.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 151,168 shares of the company’s stock after selling 19,223 shares during the quarter. iShares Select Dividend ETF comprises 4.9% of First National Bank & Trust Co. of Newtown’s investment portfolio, making the stock its 4th biggest holding. First National Bank & Trust Co. of Newtown owned about 0.10% of iShares Select Dividend ETF worth $22,888,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Caitlin John LLC acquired a new stake in iShares Select Dividend ETF in the fourth quarter worth $25,000. Elevated Capital Advisors LLC acquired a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at about $26,000. Ransom Advisory Ltd acquired a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at about $27,000. Miller Capital Partners Inc. bought a new stake in iShares Select Dividend ETF in the 4th quarter valued at about $30,000. Finally, Qube Research & Technologies Ltd bought a new stake in iShares Select Dividend ETF in the 2nd quarter valued at about $34,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Stock Performance

DVY stock opened at $158.11 on Friday. The stock’s 50 day simple moving average is $155.15 and its 200 day simple moving average is $152.13. iShares Select Dividend ETF has a fifty-two week low of $132.83 and a fifty-two week high of $161.01. The company has a market cap of $23.19 billion, a P/E ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $1.2472 per share. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. This represents a $4.99 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Monday, June 15th.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.