iShares Core Dividend Growth ETF $DGRO Shares Sold by Flagstar Advisors Inc.

Flagstar Advisors Inc. cut its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 21.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 125,087 shares of the company’s stock after selling 33,626 shares during the quarter. iShares Core Dividend Growth ETF comprises approximately 2.9% of Flagstar Advisors Inc.’s investment portfolio, making the stock its 4th biggest holding. Flagstar Advisors Inc.’s holdings in iShares Core Dividend Growth ETF were worth $8,684,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Jones Financial Companies Lllp lifted its position in iShares Core Dividend Growth ETF by 16.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock worth $583,076,000 after acquiring an additional 1,211,980 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of iShares Core Dividend Growth ETF by 15.8% in the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after purchasing an additional 1,080,418 shares during the period. Wellington Management Group LLP purchased a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth about $65,915,000. MML Investors Services LLC raised its stake 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 purchasing an additional 934,207 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 15.7% during the third quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock worth $337,810,000 after purchasing an additional 673,706 shares during the period.

iShares Core Dividend Growth ETF Stock Down 0.6%

Shares of NYSEARCA DGRO opened at $69.63 on Friday. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $74.28. The business’s 50 day moving average price is $72.07 and its 200 day moving average price is $69.92. The firm has a market cap of $36.35 billion, a P/E ratio of 19.66 and a beta of 0.84.

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.