Cullen Frost Bankers Inc. Grows Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Cullen Frost Bankers Inc. grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 113,758 shares of the company’s stock after buying an additional 1,271 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares Select Dividend ETF were worth $14,935,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Banque Cantonale Vaudoise increased its position in iShares Select Dividend ETF by 10.1% during the 3rd quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after purchasing an additional 73 shares during the period. JDM Financial Group LLC increased its position in iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 75 shares during the period. Richardson Financial Services Inc. increased its position in iShares Select Dividend ETF by 17.9% during the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock valued at $65,000 after purchasing an additional 75 shares during the period. Unionview LLC increased its position in iShares Select Dividend ETF by 0.7% during the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock valued at $1,506,000 after purchasing an additional 76 shares during the period. Finally, CMG Global Holdings LLC increased its position in iShares Select Dividend ETF by 0.5% during the 3rd quarter. CMG Global Holdings LLC now owns 17,284 shares of the company’s stock valued at $2,335,000 after purchasing an additional 80 shares during the period. Hedge funds and other institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Trading Up 0.1 %

Shares of iShares Select Dividend ETF stock opened at $133.84 on Thursday. The company’s fifty day simple moving average is $134.17 and its two-hundred day simple moving average is $135.01. The company has a market cap of $19.90 billion, a P/E ratio of 16.35 and a beta of 0.87. iShares Select Dividend ETF has a 12-month low of $115.43 and a 12-month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $1.3164 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Select Dividend ETF Company 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.