iShares Select Dividend ETF (NASDAQ:DVY) Shares Sold by First Commonwealth Financial Corp PA

First Commonwealth Financial Corp PA lowered its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,503 shares of the company’s stock after selling 772 shares during the quarter. iShares Select Dividend ETF makes up about 0.9% of First Commonwealth Financial Corp PA’s holdings, making the stock its 15th largest holding. First Commonwealth Financial Corp PA’s holdings in iShares Select Dividend ETF were worth $3,580,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of iShares Select Dividend ETF by 0.4% in the first quarter. Vanguard Group Inc. now owns 31,581 shares of the company’s stock valued at $3,890,000 after acquiring an additional 134 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its position in iShares Select Dividend ETF by 14.6% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 19,632 shares of the company’s stock worth $2,418,000 after purchasing an additional 2,494 shares during the period. Coppell Advisory Solutions Corp. acquired a new position in iShares Select Dividend ETF during the 1st quarter worth approximately $465,000. Hancock Whitney Corp increased its position in iShares Select Dividend ETF by 1.3% during the 1st quarter. Hancock Whitney Corp now owns 27,990 shares of the company’s stock worth $3,448,000 after purchasing an additional 364 shares during the period. Finally, LRI Investments LLC acquired a new stake in shares of iShares Select Dividend ETF in the 1st quarter worth approximately $155,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Up 0.4 %

Shares of DVY traded up $0.62 on Wednesday, reaching $143.92. The stock had a trading volume of 39,485 shares, compared to its average volume of 446,750. iShares Select Dividend ETF has a twelve month low of $110.04 and a twelve month high of $144.09. The firm has a 50-day moving average of $136.08 and a 200 day moving average of $129.57. The firm has a market capitalization of $21.44 billion, a PE ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

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