iShares Select Dividend ETF $DVY Holdings Lifted by M&T Bank Corp

M&T Bank Corp grew its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 237,649 shares of the company’s stock after buying an additional 4,880 shares during the period. M&T Bank Corp’s holdings in iShares Select Dividend ETF were worth $33,770,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Parvin Asset Management LLC acquired a new stake in iShares Select Dividend ETF in the second quarter worth about $27,000. Financial Gravity Companies Inc. bought a new position in iShares Select Dividend ETF in the 2nd quarter valued at about $29,000. Total Investment Management Inc. acquired a new position in iShares Select Dividend ETF during the 2nd quarter valued at about $29,000. Kilter Group LLC bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth about $31,000. Finally, Qube Research & Technologies Ltd bought a new stake in shares of iShares Select Dividend ETF during the 2nd quarter worth about $34,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Up 0.1%

Shares of NASDAQ:DVY opened at $150.57 on Friday. The company has a 50 day moving average of $151.65 and a 200-day moving average of $144.87. The firm has a market cap of $21.96 billion, a P/E ratio of 13.69 and a beta of 0.77. iShares Select Dividend ETF has a twelve month low of $115.94 and a twelve month high of $160.38.

iShares Select Dividend ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a $1.6162 dividend. This represents a $6.46 dividend on an annualized basis and a yield of 4.3%. This is a positive change from iShares Select Dividend ETF’s previous quarterly dividend of $1.25. The ex-dividend date was Tuesday, December 16th.

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