Peoples Bank KS Sells 1,610 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Peoples Bank KS decreased its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 9.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 15,176 shares of the company’s stock after selling 1,610 shares during the period. iShares Select Dividend ETF makes up 1.4% of Peoples Bank KS’s holdings, making the stock its 20th largest position. Peoples Bank KS’s holdings in iShares Select Dividend ETF were worth $1,992,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in DVY. ORG Wealth Partners LLC bought a new stake in iShares Select Dividend ETF in the third quarter valued at about $36,000. JDM Financial Group LLC grew its position in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after buying an additional 75 shares during the period. M&R Capital Management Inc. increased its stake in shares of iShares Select Dividend ETF by 1,455.0% in the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock valued at $42,000 after acquiring an additional 291 shares during the last quarter. Fairfield Financial Advisors LTD acquired a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at approximately $47,000. Finally, 1832 Asset Management L.P. bought a new position in iShares Select Dividend ETF during the 2nd quarter worth approximately $73,000. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $130.80 on Wednesday. The firm has a 50 day moving average price of $136.50 and a 200 day moving average price of $132.30. The stock has a market cap of $19.91 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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

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.