Amarillo National Bank Decreases Position in iShares Select Dividend ETF (DVY)
Amarillo National Bank trimmed its holdings in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 5.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,524 shares of the company’s stock after selling 3,484 shares during the quarter. iShares Select Dividend ETF accounts for about 2.6% of Amarillo National Bank’s holdings, making the stock its 10th largest position. Amarillo National Bank’s holdings in iShares Select Dividend ETF were worth $6,531,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Sabal Trust CO grew its stake in shares of iShares Select Dividend ETF by 6.2% in the first quarter. Sabal Trust CO now owns 3,590 shares of the company’s stock worth $352,000 after purchasing an additional 210 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new stake in shares of iShares Select Dividend ETF in the 1st quarter valued at approximately $21,497,000. First Citizens Bank & Trust Co. increased its stake in iShares Select Dividend ETF by 14.8% during the 1st quarter. First Citizens Bank & Trust Co. now owns 17,037 shares of the company’s stock worth $1,673,000 after buying an additional 2,191 shares during the period. Stone House Investment Management LLC purchased a new stake in iShares Select Dividend ETF during the 1st quarter worth approximately $57,000. Finally, Traynor Capital Management Inc. increased its stake in iShares Select Dividend ETF by 18.7% during the 1st quarter. Traynor Capital Management Inc. now owns 8,602 shares of the company’s stock worth $844,000 after buying an additional 1,355 shares during the period.
DVY traded down $0.36 during trading hours on Monday, hitting $100.21. 9,153 shares of the company’s stock were exchanged, compared to its average volume of 891,299. iShares Select Dividend ETF has a 12-month low of $84.62 and a 12-month high of $102.54.
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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.
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