Pathway Financial Advisers LLC Has $829,000 Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Pathway Financial Advisers LLC grew its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 1.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,318 shares of the company’s stock after purchasing an additional 90 shares during the quarter. Pathway Financial Advisers LLC’s holdings in iShares Select Dividend ETF were worth $829,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Banque Cantonale Vaudoise lifted its stake in 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 period. JDM Financial Group LLC grew its position 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 buying an additional 75 shares during the period. Richardson Financial Services Inc. increased its stake in shares of iShares Select Dividend ETF by 17.9% in the 4th quarter. Richardson Financial Services Inc. now owns 494 shares of the company’s stock valued at $65,000 after acquiring an additional 75 shares during the last quarter. Unionview LLC raised its position in shares of iShares Select Dividend ETF by 0.7% in the 3rd quarter. Unionview LLC now owns 11,151 shares of the company’s stock valued at $1,506,000 after acquiring an additional 76 shares during the period. Finally, CMG Global Holdings LLC boosted its stake 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 worth $2,335,000 after acquiring an additional 80 shares during the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Performance

Shares of NASDAQ DVY opened at $134.48 on Thursday. The firm has a 50 day moving average price of $133.76 and a 200 day moving average price of $134.07. The stock has a market cap of $19.99 billion, a P/E ratio of 13.25 and a beta of 0.87. 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.

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.