Sankala Group LLC Invests $4.76 Million in iShares Select Dividend ETF $DVY

Sankala Group LLC bought a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 30,467 shares of the company’s stock, valued at approximately $4,761,000. iShares Select Dividend ETF accounts for 3.9% of Sankala Group LLC’s holdings, making the stock its 2nd largest holding.

Several other large investors also recently made changes to their positions in DVY. Brighton Jones LLC raised its stake in iShares Select Dividend ETF by 14.3% during the 4th quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock worth $1,603,000 after buying an additional 1,524 shares during the period. AQR Capital Management LLC boosted its holdings in iShares Select Dividend ETF by 44.7% in the first quarter. AQR Capital Management LLC now owns 12,687 shares of the company’s stock worth $1,704,000 after acquiring an additional 3,918 shares in the last quarter. Qube Research & Technologies Ltd acquired a new stake in iShares Select Dividend ETF in the second quarter valued at approximately $34,000. NewEdge Advisors LLC grew its stake in iShares Select Dividend ETF by 0.4% in the second quarter. NewEdge Advisors LLC now owns 77,878 shares of the company’s stock valued at $10,343,000 after acquiring an additional 326 shares during the period. Finally, Quantinno Capital Management LP increased its holdings in shares of iShares Select Dividend ETF by 52.8% during the second quarter. Quantinno Capital Management LP now owns 24,543 shares of the company’s stock valued at $3,260,000 after acquiring an additional 8,479 shares in the last quarter. 46.08% of the stock is currently owned by institutional investors and hedge funds.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ:DVY opened at $153.30 on Friday. iShares Select Dividend ETF has a twelve month low of $129.94 and a twelve month high of $160.38. The stock’s 50 day moving average is $153.80 and its 200-day moving average is $150.58. The firm has a market capitalization of $22.55 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66.

iShares Select Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $1.2472 dividend. This represents a $4.99 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Monday, June 15th. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.15.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones U.S.