Sequoia Financial Advisors LLC Decreases Holdings in iShares Core Dividend Growth ETF $DGRO

Sequoia Financial Advisors LLC cut its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 18.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 94,087 shares of the company’s stock after selling 21,064 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,405,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Red Crane Wealth Management LLC grew its stake in shares of iShares Core Dividend Growth ETF by 7.1% in the third quarter. Red Crane Wealth Management LLC now owns 38,773 shares of the company’s stock valued at $2,640,000 after buying an additional 2,585 shares in the last quarter. Confluence Wealth Services Inc. grew its position in iShares Core Dividend Growth ETF by 5.0% in the third quarter. Confluence Wealth Services Inc. now owns 937,280 shares of the company’s stock valued at $63,810,000 after acquiring an additional 44,476 shares in the last quarter. First National Advisers LLC raised its stake in shares of iShares Core Dividend Growth ETF by 20.5% during the third quarter. First National Advisers LLC now owns 4,555 shares of the company’s stock valued at $310,000 after purchasing an additional 775 shares during the period. Professional Financial Advisors LLC lifted its position in shares of iShares Core Dividend Growth ETF by 2.2% during the third quarter. Professional Financial Advisors LLC now owns 102,185 shares of the company’s stock worth $6,957,000 after purchasing an additional 2,161 shares in the last quarter. Finally, Csenge Advisory Group lifted its position in shares of iShares Core Dividend Growth ETF by 7.8% during the third quarter. Csenge Advisory Group now owns 100,113 shares of the company’s stock worth $6,816,000 after purchasing an additional 7,264 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.0%

Shares of DGRO stock opened at $71.52 on Tuesday. The firm has a fifty day simple moving average of $69.67 and a 200-day simple moving average of $67.79. The company has a market capitalization of $37.20 billion, a PE ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a twelve month low of $54.09 and a twelve month high of $71.66.

iShares Core Dividend Growth ETF Company Profile

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.