Gateway Wealth Partners LLC Buys 143 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Gateway Wealth Partners LLC raised its stake in iShares Select Dividend ETF (NASDAQ:DVY) by 8.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,910 shares of the company’s stock after buying an additional 143 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares Select Dividend ETF were worth $251,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in shares of iShares Select Dividend ETF in the second quarter valued at about $5,769,000. Passive Capital Management LLC. bought a new stake in shares of iShares Select Dividend ETF in the 2nd quarter valued at about $302,000. M&R Capital Management Inc. lifted its position in shares of iShares Select Dividend ETF by 1,455.0% in the 3rd quarter. M&R Capital Management Inc. now owns 311 shares of the company’s stock worth $42,000 after purchasing an additional 291 shares during the period. Canandaigua National Bank & Trust Co. bought a new position in shares of iShares Select Dividend ETF during the third quarter valued at approximately $2,058,000. Finally, Park Avenue Securities LLC increased its holdings in iShares Select Dividend ETF by 51.6% during the third quarter. Park Avenue Securities LLC now owns 8,617 shares of the company’s stock valued at $1,164,000 after buying an additional 2,934 shares during the period. 46.08% of the stock is currently owned by institutional investors.

iShares Select Dividend ETF Stock Down 0.2 %

iShares Select Dividend ETF stock opened at $134.65 on Thursday. The firm has a market cap of $20.16 billion, a P/E ratio of 13.25 and a beta of 0.87. The business has a fifty day moving average of $135.36 and a two-hundred day moving average of $133.56. iShares Select Dividend ETF has a twelve month low of $112.42 and a twelve month high of $144.09.

iShares Select Dividend ETF Cuts Dividend

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