Hancock Whitney Corp Boosts Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

Hancock Whitney Corp increased its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,281 shares of the company’s stock after acquiring an additional 291 shares during the period. Hancock Whitney Corp’s holdings in iShares Select Dividend ETF were worth $3,421,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DVY. Addison Advisors LLC increased its position in shares of iShares Select Dividend ETF by 107.1% during the second quarter. Addison Advisors LLC now owns 232 shares of the company’s stock worth $28,000 after acquiring an additional 120 shares during the period. 1620 Investment Advisors Inc. purchased a new stake in iShares Select Dividend ETF during the 2nd quarter worth about $30,000. ORG Partners LLC acquired a new stake in iShares Select Dividend ETF in the 2nd quarter valued at about $32,000. Family Firm Inc. purchased a new position in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $36,000. Finally, Triad Wealth Partners LLC acquired a new position in shares of iShares Select Dividend ETF during the second quarter worth about $40,000. 46.08% of the stock is currently owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Performance

DVY stock opened at $135.26 on Friday. iShares Select Dividend ETF has a fifty-two week low of $102.66 and a fifty-two week high of $136.11. The company’s 50 day moving average price is $130.14 and its 200 day moving average price is $124.32. The firm has a market capitalization of $20.11 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87.

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.