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

Sentinel Advisory Group LLC purchased a new stake in iShares Select Dividend ETF (NASDAQ:DVY) in the 1st quarter, HoldingsChannel reports. The fund purchased 7,569 shares of the company’s stock, valued at approximately $1,146,000. iShares Select Dividend ETF accounts for approximately 0.6% of Sentinel Advisory Group LLC’s holdings, making the stock its 24th biggest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Caitlin John LLC acquired a new position in shares of iShares Select Dividend ETF during the fourth quarter worth about $25,000. Elevated Capital Advisors LLC acquired a new stake in shares of iShares Select Dividend ETF in the fourth quarter valued at about $26,000. Miller Capital Partners Inc. purchased a new stake in shares of iShares Select Dividend ETF during the 4th quarter valued at about $30,000. Main Street Group LTD purchased a new stake in shares of iShares Select Dividend ETF during the 1st quarter valued at about $33,000. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of iShares Select Dividend ETF during the 2nd quarter valued at about $34,000. 46.08% of the stock is owned by hedge funds and other institutional investors.

iShares Select Dividend ETF Stock Up 1.3%

NASDAQ DVY opened at $162.99 on Friday. The stock has a market cap of $23.73 billion, a PE ratio of 13.69 and a beta of 0.66. iShares Select Dividend ETF has a fifty-two week low of $132.83 and a fifty-two week high of $164.73. The business has a 50 day moving average price of $156.93 and a two-hundred day moving average price of $153.51.

iShares Select Dividend ETF Increases Dividend

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

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.