Pathway Financial Advisers LLC Buys 91 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Pathway Financial Advisers LLC grew its stake in shares of iShares Select Dividend ETF (NASDAQ:DVY) by 1.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 6,228 shares of the company’s stock after acquiring an additional 91 shares during the period. Pathway Financial Advisers LLC’s holdings in iShares Select Dividend ETF were worth $841,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of DVY. Kovack Advisors Inc. purchased a new position in iShares Select Dividend ETF during the first quarter valued at approximately $230,000. ZRC Wealth Management LLC lifted its position in iShares Select Dividend ETF by 154.7% during the first quarter. ZRC Wealth Management LLC now owns 456 shares of the company’s stock valued at $55,000 after purchasing an additional 277 shares during the period. Ashton Thomas Private Wealth LLC lifted its position in iShares Select Dividend ETF by 7.2% during the first quarter. Ashton Thomas Private Wealth LLC now owns 13,466 shares of the company’s stock valued at $1,659,000 after purchasing an additional 904 shares during the period. Sequoia Financial Advisors LLC lifted its position in iShares Select Dividend ETF by 2.4% during the first quarter. Sequoia Financial Advisors LLC now owns 44,474 shares of the company’s stock valued at $5,478,000 after purchasing an additional 1,029 shares during the period. Finally, Worth Financial Advisory Group LLC acquired a new position in iShares Select Dividend ETF during the first quarter valued at $210,000. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Stock Performance

Shares of iShares Select Dividend ETF stock opened at $134.34 on Thursday. The firm has a 50-day simple moving average of $133.98 and a two-hundred day simple moving average of $127.09. The company has a market cap of $20.03 billion, a P/E ratio of 13.25 and a beta of 0.87. iShares Select Dividend ETF has a fifty-two week low of $103.76 and a fifty-two week high of $137.26.

iShares Select Dividend ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a dividend of $1.5496 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

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.