iShares Select Dividend ETF (NASDAQ:DVY) is First United Bank & Trust’s 9th Largest Position

First United Bank & Trust raised its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 9.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,605 shares of the company’s stock after acquiring an additional 3,767 shares during the period. iShares Select Dividend ETF makes up 2.1% of First United Bank & Trust’s portfolio, making the stock its 9th biggest position. First United Bank & Trust’s holdings in iShares Select Dividend ETF were worth $5,232,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of DVY. Princeton Global Asset Management LLC grew its position in iShares Select Dividend ETF by 500.0% during the second quarter. Princeton Global Asset Management LLC now owns 240 shares of the company’s stock valued at $28,000 after acquiring an additional 200 shares during the period. Lake Point Wealth Management acquired a new position in shares of iShares Select Dividend ETF during the second quarter worth about $32,000. Trustcore Financial Services LLC boosted its position in shares of iShares Select Dividend ETF by 125.0% in the second quarter. Trustcore Financial Services LLC now owns 360 shares of the company’s stock worth $42,000 after buying an additional 200 shares during the period. Creative Financial Designs Inc. ADV acquired a new stake in shares of iShares Select Dividend ETF in the third quarter valued at about $46,000. Finally, Newbridge Financial Services Group Inc. lifted its position in iShares Select Dividend ETF by 1,637.0% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 469 shares of the company’s stock worth $55,000 after acquiring an additional 442 shares in the last quarter.

Shares of NASDAQ:DVY opened at $120.70 on Thursday. iShares Select Dividend ETF has a 52-week low of $92.95 and a 52-week high of $124.34. The company has a 50 day moving average of $118.40 and a two-hundred day moving average of $118.33.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 30th. Shareholders of record on Monday, September 27th were given a $1.032 dividend. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $0.95. The ex-dividend date was Friday, September 24th. This represents a $4.13 annualized dividend and a yield of 3.42%.

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.

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

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