Deutsche Bank AG Acquires New Stake in iShares Select Dividend ETF (DVY)

Deutsche Bank AG acquired a new stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 76,309 shares of the company’s stock, valued at approximately $6,812,000.

Several other large investors also recently made changes to their positions in the company. Alliancebernstein L.P. bought a new stake in iShares Select Dividend ETF in the third quarter worth $508,000. Renaissance Technologies LLC lifted its position in shares of iShares Select Dividend ETF by 196.4% during the third quarter. Renaissance Technologies LLC now owns 16,600 shares of the company’s stock worth $1,656,000 after purchasing an additional 11,000 shares during the last quarter. Glenmede Trust Co. NA bought a new stake in shares of iShares Select Dividend ETF during the third quarter worth $22,916,000. B. Riley Wealth Management Inc. bought a new stake in shares of iShares Select Dividend ETF during the third quarter worth $1,797,000. Finally, NorthCoast Asset Management LLC bought a new stake in shares of iShares Select Dividend ETF during the third quarter worth $8,315,000.

NASDAQ:DVY opened at $100.28 on Monday. iShares Select Dividend ETF has a twelve month low of $84.62 and a twelve month high of $102.54.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were given a dividend of $0.8712 per share. This represents a $3.48 annualized dividend and a dividend yield of 3.47%. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $0.75. The ex-dividend date was Wednesday, March 20th.

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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.

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

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