Pinnacle Financial Partners Inc Purchases 607 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Pinnacle Financial Partners Inc raised its position in shares of iShares Select Dividend ETF (NASDAQ:DVYFree Report) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,232 shares of the company’s stock after acquiring an additional 607 shares during the period. Pinnacle Financial Partners Inc’s holdings in iShares Select Dividend ETF were worth $8,584,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. CGC Financial Services LLC acquired a new position in shares of iShares Select Dividend ETF during the second quarter worth $27,000. Tyler Stone Wealth Management acquired a new position in shares of iShares Select Dividend ETF during the second quarter valued at about $28,000. Almanack Investment Partners LLC. acquired a new position in shares of iShares Select Dividend ETF during the third quarter valued at about $35,000. Financial Freedom LLC acquired a new position in shares of iShares Select Dividend ETF during the fourth quarter valued at about $45,000. Finally, JNBA Financial Advisors raised its holdings in shares of iShares Select Dividend ETF by 26.6% during the third quarter. JNBA Financial Advisors now owns 448 shares of the company’s stock valued at $48,000 after purchasing an additional 94 shares during the period. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Trading Down 0.4 %

Shares of DVY traded down $0.51 on Tuesday, reaching $121.80. The company’s stock had a trading volume of 127,640 shares, compared to its average volume of 590,338. iShares Select Dividend ETF has a twelve month low of $102.66 and a twelve month high of $123.43. The stock has a market capitalization of $19.23 billion, a PE ratio of 11.69 and a beta of 0.87. The firm has a fifty day moving average of $117.32 and a 200-day moving average of $113.42.

iShares Select Dividend ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a $0.9976 dividend. The ex-dividend date was Thursday, March 21st. This represents a $3.99 annualized dividend and a yield of 3.28%.

About iShares Select Dividend ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Select Dividend ETF (NASDAQ:DVY)

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