Chapin Davis Inc. Sells 115 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Chapin Davis Inc. reduced its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,315 shares of the company’s stock after selling 115 shares during the period. Chapin Davis Inc.’s holdings in iShares Select Dividend ETF were worth $778,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of DVY. Royal Bank of Canada boosted its holdings in iShares Select Dividend ETF by 2.6% in the 3rd quarter. Royal Bank of Canada now owns 2,579,311 shares of the company’s stock valued at $277,635,000 after purchasing an additional 64,326 shares during the period. International Assets Investment Management LLC lifted its stake in iShares Select Dividend ETF by 12,638.3% during the fourth quarter. International Assets Investment Management LLC now owns 2,407,409 shares of the company’s stock worth $282,196,000 after purchasing an additional 2,388,510 shares during the last quarter. Truist Financial Corp boosted its holdings in shares of iShares Select Dividend ETF by 5.9% in the 4th quarter. Truist Financial Corp now owns 1,505,448 shares of the company’s stock valued at $176,469,000 after purchasing an additional 84,251 shares in the last quarter. Comerica Bank bought a new position in shares of iShares Select Dividend ETF in the 3rd quarter valued at $61,160,000. Finally, Miller Howard Investments Inc. NY raised its holdings in shares of iShares Select Dividend ETF by 110.0% during the 4th quarter. Miller Howard Investments Inc. NY now owns 403,081 shares of the company’s stock worth $47,249,000 after buying an additional 211,112 shares in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.4 %

NASDAQ:DVY traded up $0.52 on Monday, hitting $121.50. The company had a trading volume of 41,899 shares, compared to its average volume of 514,121. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $125.99. The stock has a market capitalization of $18.46 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The firm has a 50 day moving average of $121.98 and a two-hundred day moving average of $119.11.

iShares Select Dividend ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a dividend of $0.9304 per share. This represents a $3.72 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend was Tuesday, June 11th.

About iShares Select Dividend ETF

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.