Brookstone Capital Management Has $3.56 Million Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Brookstone Capital Management trimmed its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Get Rating) by 11.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,877 shares of the company’s stock after selling 9,068 shares during the quarter. Brookstone Capital Management’s holdings in iShares Core Dividend Growth ETF were worth $3,559,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. LPL Financial LLC grew its holdings in iShares Core Dividend Growth ETF by 4.2% in the second quarter. LPL Financial LLC now owns 8,550,240 shares of the company’s stock worth $407,333,000 after purchasing an additional 340,744 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 1.8% during the third quarter. Envestnet Asset Management Inc. now owns 8,091,168 shares of the company’s stock valued at $359,814,000 after buying an additional 140,492 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 5.6% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 7,265,746 shares of the company’s stock valued at $323,107,000 after buying an additional 386,551 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 5.4% during the third quarter. Commonwealth Equity Services LLC now owns 6,896,636 shares of the company’s stock valued at $306,693,000 after buying an additional 352,559 shares during the last quarter. Finally, Capital Investment Advisors LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 4.5% during the fourth quarter. Capital Investment Advisors LLC now owns 6,389,348 shares of the company’s stock valued at $319,467,000 after buying an additional 274,161 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO opened at $48.13 on Friday. The stock has a market capitalization of $22.57 billion, a P/E ratio of 15.16 and a beta of 0.91. The company has a 50-day moving average price of $50.53 and a 200-day moving average price of $49.45. iShares Core Dividend Growth ETF has a 1 year low of $43.67 and a 1 year high of $54.55.

iShares Core Dividend Growth ETF Profile

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The iShares Core Dividend Growth ETF (DGRO) is an exchange-traded fund that is based on the Morningstar US Dividend Growth index. The fund tracks an index of US stocks that are selected by dividends, dividend growth and payout ratio, then weighted by dividend dollars. DGRO was launched on Jun 10, 2014 and is managed by BlackRock.