Bank of New York Mellon Corp Grows Position in iShares Select Dividend ETF (NASDAQ:DVY)

Bank of New York Mellon Corp grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 0.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,881,782 shares of the company’s stock after buying an additional 13,228 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.26% of iShares Select Dividend ETF worth $247,059,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in iShares Select Dividend ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,380,841 shares of the company’s stock worth $186,510,000 after acquiring an additional 7,012 shares in the last quarter. ORG Partners LLC boosted its position in shares of iShares Select Dividend ETF by 331.9% in the fourth quarter. ORG Partners LLC now owns 488 shares of the company’s stock worth $64,000 after purchasing an additional 375 shares during the period. Regatta Capital Group LLC increased its stake in shares of iShares Select Dividend ETF by 6.7% in the fourth quarter. Regatta Capital Group LLC now owns 3,965 shares of the company’s stock worth $521,000 after purchasing an additional 250 shares in the last quarter. Fulton Bank N.A. raised its position in shares of iShares Select Dividend ETF by 20.4% during the 4th quarter. Fulton Bank N.A. now owns 26,935 shares of the company’s stock valued at $3,536,000 after purchasing an additional 4,568 shares during the period. Finally, Fidelis Capital Partners LLC lifted its stake in shares of iShares Select Dividend ETF by 2.6% during the 3rd quarter. Fidelis Capital Partners LLC now owns 12,963 shares of the company’s stock valued at $1,756,000 after buying an additional 325 shares in the last quarter. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock opened at $136.78 on Thursday. iShares Select Dividend ETF has a fifty-two week low of $115.43 and a fifty-two week high of $144.09. The company has a market capitalization of $20.33 billion, a P/E ratio of 13.25 and a beta of 0.87. The company has a fifty day moving average of $133.73 and a 200 day moving average of $134.72.

iShares Select Dividend ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Select Dividend ETF Company 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.