Truist Financial Corp Reduces Position in iShares Select Dividend ETF (NASDAQ:DVY)

Truist Financial Corp decreased its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 5.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,181,931 shares of the company’s stock after selling 64,752 shares during the period. Truist Financial Corp owned approximately 0.80% of iShares Select Dividend ETF worth $142,990,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Jane Street Group LLC grew its holdings in shares of iShares Select Dividend ETF by 1,872.8% in the first quarter. Jane Street Group LLC now owns 617,469 shares of the company’s stock valued at $76,060,000 after purchasing an additional 586,170 shares during the period. Miller Howard Investments Inc. NY increased its holdings in shares of iShares Select Dividend ETF by 400.3% during the 2nd quarter. Miller Howard Investments Inc. NY now owns 315,140 shares of the company’s stock worth $38,126,000 after buying an additional 252,150 shares during the last quarter. National Bank of Canada FI raised its position in shares of iShares Select Dividend ETF by 72.7% during the 2nd quarter. National Bank of Canada FI now owns 213,193 shares of the company’s stock valued at $25,556,000 after buying an additional 89,727 shares during the period. Fifth Third Wealth Advisors LLC lifted its holdings in iShares Select Dividend ETF by 728.9% in the first quarter. Fifth Third Wealth Advisors LLC now owns 73,108 shares of the company’s stock valued at $9,005,000 after acquiring an additional 64,288 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in iShares Select Dividend ETF by 607.0% in the first quarter. BNP Paribas Financial Markets now owns 50,208 shares of the company’s stock worth $6,185,000 after acquiring an additional 43,106 shares during the period. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 0.2 %

NASDAQ:DVY opened at $135.07 on Tuesday. iShares Select Dividend ETF has a 52 week low of $102.66 and a 52 week high of $136.36. The stock’s fifty day moving average is $131.06 and its two-hundred day moving average is $125.00. The company has a market capitalization of $20.08 billion, a P/E ratio of 13.25 and a beta of 0.87.

iShares Select Dividend ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were given a $1.5496 dividend. The ex-dividend date was Wednesday, September 25th.

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.