7,569 Shares in iShares Select Dividend ETF $DVY Acquired by Sentinel Advisory Group LLC

Sentinel Advisory Group LLC bought a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,569 shares of the company’s stock, valued at approximately $1,146,000. iShares Select Dividend ETF accounts for about 0.6% of Sentinel Advisory Group LLC’s investment portfolio, making the stock its 24th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of DVY. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Select Dividend ETF by 1,771.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,385,482 shares of the company’s stock valued at $901,247,000 after purchasing an additional 6,044,290 shares during the last quarter. Miller Howard Investments Inc. NY raised its position in shares of iShares Select Dividend ETF by 745.9% in the 4th quarter. Miller Howard Investments Inc. NY now owns 505,689 shares of the company’s stock worth $71,373,000 after buying an additional 445,910 shares during the period. Fifth Third Bancorp boosted its holdings in iShares Select Dividend ETF by 178.6% in the first quarter. Fifth Third Bancorp now owns 645,684 shares of the company’s stock valued at $97,763,000 after acquiring an additional 413,908 shares during the last quarter. Align Financial LLC purchased a new stake in iShares Select Dividend ETF during the fourth quarter valued at about $39,639,000. Finally, Morgan Stanley increased its stake in iShares Select Dividend ETF by 3.6% during the fourth quarter. Morgan Stanley now owns 6,506,794 shares of the company’s stock worth $918,369,000 after acquiring an additional 224,125 shares during the last quarter. Institutional investors and hedge funds own 46.08% of the company’s stock.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ:DVY opened at $162.99 on Friday. The business has a 50-day moving average of $156.93 and a two-hundred day moving average of $153.51. The firm has a market capitalization of $23.73 billion, a PE ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a 12 month low of $132.83 and a 12 month high of $164.73.

iShares Select Dividend ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $1.2472 per share. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $1.15. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.99 dividend on an annualized basis and a yield of 3.1%.

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.