Rockland Trust Co. increased its stake in iShares Dow Jones US Oil Equip. (NYSEARCA:IEZ) by 2,180.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 215,455 shares of the company’s stock after purchasing an additional 206,008 shares during the quarter. Rockland Trust Co.’s holdings in iShares Dow Jones US Oil Equip. were worth $7,739,000 as of its most recent SEC filing.

Separately, Country Trust Bank bought a new stake in shares of iShares Dow Jones US Oil Equip. in the 4th quarter valued at about $323,000.

Shares of iShares Dow Jones US Oil Equip. (IEZ) traded up $1.09 during mid-day trading on Thursday, hitting $40.03. 32,600 shares of the stock were exchanged, compared to its average volume of 106,329. The company has a market cap of $222.72 and a PE ratio of -2.33. iShares Dow Jones US Oil Equip. has a 12 month low of $29.57 and a 12 month high of $47.79.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Wednesday, December 20th were issued a $0.0884 dividend. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 0.88%. iShares Dow Jones US Oil Equip.’s payout ratio is -7.16%.

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