Sankala Group LLC Buys Shares of 30,467 iShares Select Dividend ETF $DVY

Sankala Group LLC purchased a new position in iShares Select Dividend ETF (NASDAQ:DVY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 30,467 shares of the company’s stock, valued at approximately $4,761,000. iShares Select Dividend ETF accounts for approximately 3.9% of Sankala Group LLC’s investment portfolio, making the stock its 2nd largest position.

A number of other institutional investors also recently modified their holdings of DVY. Brighton Jones LLC lifted its holdings in iShares Select Dividend ETF by 14.3% in the fourth quarter. Brighton Jones LLC now owns 12,212 shares of the company’s stock valued at $1,603,000 after buying an additional 1,524 shares during the period. AQR Capital Management LLC boosted its position in iShares Select Dividend ETF by 44.7% during the first quarter. AQR Capital Management LLC now owns 12,687 shares of the company’s stock valued at $1,704,000 after acquiring an additional 3,918 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in iShares Select Dividend ETF during the 2nd quarter worth about $34,000. NewEdge Advisors LLC grew its holdings in iShares Select Dividend ETF by 0.4% during the 2nd quarter. NewEdge Advisors LLC now owns 77,878 shares of the company’s stock worth $10,343,000 after acquiring an additional 326 shares during the period. Finally, Quantinno Capital Management LP raised its position in shares of iShares Select Dividend ETF by 52.8% in the 2nd quarter. Quantinno Capital Management LP now owns 24,543 shares of the company’s stock worth $3,260,000 after acquiring an additional 8,479 shares in the last quarter. 46.08% of the stock is owned by institutional investors.

iShares Select Dividend ETF Price Performance

Shares of NASDAQ:DVY opened at $153.30 on Friday. The company has a market capitalization of $22.55 billion, a price-to-earnings ratio of 13.69 and a beta of 0.66. The business’s 50-day moving average is $153.80 and its 200-day moving average is $150.58. iShares Select Dividend ETF has a 1 year low of $129.94 and a 1 year high of $160.38.

iShares Select Dividend ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $1.2472 dividend. This represents a $4.99 annualized dividend and a yield of 3.3%. 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.

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