Thrivent Financial for Lutherans Decreases Position in iShares Core Dividend Growth ETF $DGRO

Thrivent Financial for Lutherans decreased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 39.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,729 shares of the company’s stock after selling 39,651 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Core Dividend Growth ETF were worth $4,203,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in DGRO. Bank of America Corp DE grew its stake in shares of iShares Core Dividend Growth ETF by 2.3% during the second quarter. Bank of America Corp DE now owns 18,467,081 shares of the company’s stock worth $1,180,785,000 after acquiring an additional 413,365 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Core Dividend Growth ETF by 42.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock worth $865,424,000 after purchasing an additional 4,028,341 shares in the last quarter. Capital Investment Advisors LLC grew its position in iShares Core Dividend Growth ETF by 2.0% during the 3rd quarter. Capital Investment Advisors LLC now owns 8,124,381 shares of the company’s stock worth $553,108,000 after purchasing an additional 163,167 shares during the last quarter. Ameriprise Financial Inc. grew its position in iShares Core Dividend Growth ETF by 15.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock worth $504,803,000 after purchasing an additional 1,080,418 shares during the last quarter. Finally, MML Investors Services LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 25.9% in the second quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock worth $289,967,000 after buying an additional 934,207 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 1.8%

NYSEARCA:DGRO opened at $73.95 on Friday. The company has a market capitalization of $38.61 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $74.03. The firm has a fifty day simple moving average of $70.61 and a 200-day simple moving average of $68.47.

iShares Core Dividend Growth ETF 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.