OLD Second National Bank of Aurora Lowers Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

OLD Second National Bank of Aurora lowered its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 83.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 900 shares of the company’s stock after selling 4,478 shares during the period. OLD Second National Bank of Aurora’s holdings in iShares Select Dividend ETF were worth $111,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of DVY. GAMMA Investing LLC purchased a new stake in iShares Select Dividend ETF during the fourth quarter worth $27,000. Parkside Financial Bank & Trust lifted its holdings in iShares Select Dividend ETF by 91.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 390 shares of the company’s stock worth $46,000 after buying an additional 186 shares during the period. Richardson Financial Services Inc. purchased a new stake in iShares Select Dividend ETF during the fourth quarter worth $49,000. ZRC Wealth Management LLC lifted its holdings in iShares Select Dividend ETF by 154.7% during the first quarter. ZRC Wealth Management LLC now owns 456 shares of the company’s stock worth $55,000 after buying an additional 277 shares during the period. Finally, Fortitude Family Office LLC purchased a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at $57,000. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 1.1 %

Shares of DVY traded up $1.42 during midday trading on Friday, hitting $125.50. 228,091 shares of the company’s stock traded hands, compared to its average volume of 506,892. iShares Select Dividend ETF has a 1 year low of $102.66 and a 1 year high of $125.99. The firm’s fifty day moving average is $122.12 and its 200-day moving average is $119.32. The stock has a market capitalization of $18.84 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a dividend of $0.9304 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $3.72 annualized dividend and a dividend yield of 2.97%.

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.