Hanson & Doremus Investment Management Purchases 195 Shares of iShares Select Dividend ETF (NASDAQ:DVY)

Hanson & Doremus Investment Management lifted its position in iShares Select Dividend ETF (NASDAQ:DVY) by 20.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC increased its stake in iShares Select Dividend ETF by 17,525.9% in the 3rd quarter. International Assets Investment Management LLC now owns 4,372,993 shares of the company’s stock worth $590,660,000 after buying an additional 4,348,183 shares during the period. Gilman Hill Asset Management LLC increased its stake in iShares Select Dividend ETF by 1,439.1% in the 4th quarter. Gilman Hill Asset Management LLC now owns 161,377 shares of the company’s stock worth $21,187,000 after buying an additional 150,892 shares during the period. LPL Financial LLC increased its stake in iShares Select Dividend ETF by 4.6% in the 3rd quarter. LPL Financial LLC now owns 1,465,825 shares of the company’s stock worth $197,989,000 after buying an additional 64,620 shares during the period. Sanctuary Advisors LLC purchased a new position in iShares Select Dividend ETF in the 2nd quarter worth about $5,769,000. Finally, Florin Court Capital LLP increased its stake in iShares Select Dividend ETF by 119.7% in the 3rd quarter. Florin Court Capital LLP now owns 65,700 shares of the company’s stock worth $8,874,000 after buying an additional 35,800 shares during the period. Institutional investors own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

DVY stock opened at $135.70 on Friday. The company 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 12 month low of $112.42 and a 12 month high of $144.09. The firm’s 50-day moving average is $135.28 and its 200 day moving average is $133.56.

iShares Select Dividend ETF Cuts Dividend

The business also recently declared 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 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.