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

BankPlus Trust Department acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,388 shares of the company’s stock, valued at approximately $182,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Miller Howard Investments Inc. NY increased its position in shares of iShares Select Dividend ETF by 369.5% during the fourth quarter. Miller Howard Investments Inc. NY now owns 498,927 shares of the company’s stock worth $65,504,000 after purchasing an additional 392,667 shares in the last quarter. Private Advisor Group LLC increased its position in shares of iShares Select Dividend ETF by 94.0% during the fourth quarter. Private Advisor Group LLC now owns 384,003 shares of the company’s stock worth $50,416,000 after purchasing an additional 186,055 shares in the last quarter. Gilman Hill Asset Management LLC grew its holdings in iShares Select Dividend ETF by 1,439.1% in the 4th quarter. Gilman Hill Asset Management LLC now owns 161,377 shares of the company’s stock valued at $21,187,000 after buying an additional 150,892 shares in the last quarter. LPL Financial LLC grew its holdings in 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 valued at $197,989,000 after buying an additional 64,620 shares in the last quarter. Finally, Truist Financial Corp grew its holdings in 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 valued at $156,902,000 after buying an additional 44,508 shares in the last quarter. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.2 %

Shares of iShares Select Dividend ETF stock 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 business’s fifty day simple moving average is $133.52 and its 200-day simple moving average is $134.63. The firm has a market cap of $20.36 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Cuts Dividend

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