Founders Financial Securities LLC Sells 13,449 Shares of iShares Core Dividend Growth ETF $DGRO

Founders Financial Securities LLC lessened its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 17.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,429 shares of the company’s stock after selling 13,449 shares during the period. Founders Financial Securities LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,386,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of DGRO. Brighton Jones LLC grew its position in iShares Core Dividend Growth ETF by 52.5% in the 4th quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock valued at $411,000 after acquiring an additional 2,304 shares during the last quarter. Synovus Financial Corp boosted its stake in shares of iShares Core Dividend Growth ETF by 1.2% during the first quarter. Synovus Financial Corp now owns 44,178 shares of the company’s stock valued at $2,729,000 after purchasing an additional 519 shares during the period. Samalin Investment Counsel LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 14.9% during the first quarter. Samalin Investment Counsel LLC now owns 55,225 shares of the company’s stock valued at $3,412,000 after purchasing an additional 7,176 shares during the period. Ieq Capital LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 12.2% in the first quarter. Ieq Capital LLC now owns 132,570 shares of the company’s stock worth $8,190,000 after purchasing an additional 14,444 shares during the last quarter. Finally, Monterey Private Wealth Inc. increased its stake in iShares Core Dividend Growth ETF by 2.4% in the 1st quarter. Monterey Private Wealth Inc. now owns 147,778 shares of the company’s stock worth $9,130,000 after buying an additional 3,415 shares during the period.

iShares Core Dividend Growth ETF Price Performance

iShares Core Dividend Growth ETF stock opened at $69.85 on Wednesday. The stock has a market cap of $35.45 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $70.61. The firm has a 50-day moving average of $68.78 and a two-hundred day moving average of $66.83.

About iShares Core Dividend Growth ETF

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.