13,999 Shares in iShares Select Dividend ETF $DVY Acquired by First Nebraska Trust Co

First Nebraska Trust Co acquired a new stake in iShares Select Dividend ETF (NASDAQ:DVY) during the third quarter, Holdings Channel.com reports. The firm acquired 13,999 shares of the company’s stock, valued at approximately $2,129,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Main Street Group LTD acquired a new position in shares of iShares Select Dividend ETF during the first quarter worth $33,000. Horizons Wealth Management purchased a new position in iShares Select Dividend ETF in the third quarter valued at $55,000. GKV Capital Management Co. Inc. purchased a new position in iShares Select Dividend ETF in the first quarter valued at $61,000. Compass Wealth Management LLC acquired a new stake in iShares Select Dividend ETF in the third quarter valued at $63,000. Finally, Evergreen Advisors LLC acquired a new stake in iShares Select Dividend ETF in the first quarter valued at $68,000. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ DVY opened at $161.75 on Wednesday. The company has a market capitalization of $23.57 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The business has a 50-day moving average of $159.06 and a two-hundred day moving average of $156.26. iShares Select Dividend ETF has a 1 year low of $137.23 and a 1 year high of $167.06.

iShares Select Dividend ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a $1.3291 dividend. This represents a $5.32 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Tuesday, September 15th. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.2472.

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.