Pathway Financial Advisers LLC Purchases 90 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Pathway Financial Advisers LLC grew its position in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,318 shares of the company’s stock after buying an additional 90 shares during the quarter. Pathway Financial Advisers LLC’s holdings in iShares Select Dividend ETF were worth $829,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Banque Cantonale Vaudoise raised its holdings in shares of iShares Select Dividend ETF by 10.1% in the third quarter. Banque Cantonale Vaudoise now owns 798 shares of the company’s stock valued at $108,000 after buying an additional 73 shares during the last quarter. JDM Financial Group LLC raised its stake in shares of iShares Select Dividend ETF by 33.3% in the third quarter. JDM Financial Group LLC now owns 300 shares of the company’s stock worth $41,000 after acquiring an additional 75 shares during the last quarter. Richardson Financial Services Inc. lifted its position in shares of iShares Select Dividend ETF by 17.9% during the fourth quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock worth $65,000 after purchasing an additional 75 shares in the last quarter. Unionview LLC grew its stake in shares of iShares Select Dividend ETF by 0.7% during the third 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 last quarter. Finally, CMG Global Holdings LLC increased its holdings in shares of iShares Select Dividend ETF by 0.5% in the third 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 in the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

NASDAQ:DVY opened at $134.48 on Thursday. The company has a market cap of $19.99 billion, a price-to-earnings ratio of 13.25 and a beta of 0.87. The stock’s fifty day moving average price is $133.76 and its two-hundred day moving average price is $134.07. iShares Select Dividend ETF has a 52-week low of $112.42 and a 52-week high of $144.09.

iShares Select Dividend ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

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.