M&T Bank Corp Has $31.04 Million Stock Position in iShares Select Dividend ETF (NASDAQ:DVY)

M&T Bank Corp reduced its holdings in iShares Select Dividend ETF (NASDAQ:DVY) by 6.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 229,830 shares of the company’s stock after selling 16,922 shares during the period. M&T Bank Corp owned approximately 0.15% of iShares Select Dividend ETF worth $31,043,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. TD Private Client Wealth LLC raised its position in shares of iShares Select Dividend ETF by 17.2% during the third quarter. TD Private Client Wealth LLC now owns 46,916 shares of the company’s stock valued at $6,337,000 after buying an additional 6,878 shares during the last quarter. Coldstream Capital Management Inc. lifted its position in shares of iShares Select Dividend ETF by 0.8% in the 3rd quarter. Coldstream Capital Management Inc. now owns 14,455 shares of the company’s stock worth $1,952,000 after acquiring an additional 111 shares during the period. JDM Financial Group LLC grew its holdings in shares of iShares Select Dividend ETF by 33.3% during the 3rd quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after purchasing an additional 75 shares in the last quarter. Continuum Advisory LLC increased its position in shares of iShares Select Dividend ETF by 1.2% during the third quarter. Continuum Advisory LLC now owns 8,798 shares of the company’s stock valued at $1,214,000 after purchasing an additional 101 shares during the period. Finally, Raab & Moskowitz Asset Management LLC raised its stake in shares of iShares Select Dividend ETF by 3.2% in the third quarter. Raab & Moskowitz Asset Management LLC now owns 44,215 shares of the company’s stock valued at $5,972,000 after purchasing an additional 1,371 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of DVY stock opened at $131.36 on Friday. The stock has a market cap of $19.57 billion, a P/E ratio of 13.25 and a beta of 0.87. The stock has a fifty day moving average price of $137.39 and a 200 day moving average price of $131.30. iShares Select Dividend ETF has a one year low of $112.42 and a one year high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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

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.