Hanson & Doremus Investment Management Boosts Stock Holdings in iShares Select Dividend ETF (NASDAQ:DVY)

Hanson & Doremus Investment Management grew its position in iShares Select Dividend ETF (NASDAQ:DVY) by 20.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,127 shares of the company’s stock after acquiring an additional 195 shares during the quarter. Hanson & Doremus Investment Management’s holdings in iShares Select Dividend ETF were worth $148,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Ibex Wealth Advisors bought a new stake in shares of iShares Select Dividend ETF in the 4th quarter valued at about $213,000. Asset Dedication LLC boosted its holdings in shares of iShares Select Dividend ETF by 18.7% in the 4th quarter. Asset Dedication LLC now owns 14,779 shares of the company’s stock valued at $1,940,000 after buying an additional 2,331 shares in the last quarter. Gateway Wealth Partners LLC boosted its holdings in shares of iShares Select Dividend ETF by 8.1% in the 4th quarter. Gateway Wealth Partners LLC now owns 1,910 shares of the company’s stock valued at $251,000 after buying an additional 143 shares in the last quarter. Charter Oak Capital Management LLC boosted its stake in iShares Select Dividend ETF by 15.2% in the 4th quarter. Charter Oak Capital Management LLC now owns 1,883 shares of the company’s stock worth $247,000 after purchasing an additional 249 shares in the last quarter. Finally, Cornell Pochily Investment Advisors Inc. boosted its stake in iShares Select Dividend ETF by 1.1% in the 4th quarter. Cornell Pochily Investment Advisors Inc. now owns 13,796 shares of the company’s stock worth $1,811,000 after purchasing an additional 152 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Up 0.8 %

DVY stock opened at $135.70 on Friday. The firm has a 50 day moving average of $135.28 and a 200 day moving average of $133.56. The stock has a market capitalization of $20.31 billion, a PE 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 business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.3164 dividend. The ex-dividend date was Tuesday, December 17th.

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.