Simmons Bank Sells 289 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Simmons Bank reduced its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 2.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,260 shares of the company’s stock after selling 289 shares during the period. Simmons Bank’s holdings in iShares Select Dividend ETF were worth $1,554,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC raised its position in iShares Select Dividend ETF by 2.1% during the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 4,376 shares of the company’s stock valued at $513,000 after purchasing an additional 88 shares in the last quarter. JNBA Financial Advisors boosted its position in shares of iShares Select Dividend ETF by 26.6% during the 3rd quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after purchasing an additional 94 shares in the last quarter. Sunbelt Securities Inc. increased its stake in shares of iShares Select Dividend ETF by 0.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 16,069 shares of the company’s stock valued at $1,730,000 after acquiring an additional 96 shares in the last quarter. Access Financial Services Inc. raised its holdings in shares of iShares Select Dividend ETF by 0.5% during the fourth quarter. Access Financial Services Inc. now owns 19,382 shares of the company’s stock valued at $2,272,000 after purchasing an additional 96 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC boosted its holdings in iShares Select Dividend ETF by 3.9% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 2,540 shares of the company’s stock worth $298,000 after acquiring an additional 96 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ:DVY traded up $0.50 during midday trading on Tuesday, hitting $122.44. 280,109 shares of the company’s stock were exchanged, compared to its average volume of 557,266. The company has a market cap of $18.57 billion, a PE ratio of 13.25 and a beta of 0.68. The stock has a 50 day moving average price of $119.82 and a 200-day moving average price of $115.63. iShares Select Dividend ETF has a 12 month low of $102.66 and a 12 month high of $123.43.

iShares Select Dividend ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were given a $0.9976 dividend. This represents a $3.99 annualized dividend and a yield of 3.26%. The ex-dividend date was Thursday, March 21st.

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.