iShares Core Dividend Growth ETF $DGRO Stock Position Lessened by Flagstar Advisors Inc.

Flagstar Advisors Inc. cut its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 17.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,765 shares of the company’s stock after selling 21,322 shares during the quarter. iShares Core Dividend Growth ETF makes up approximately 2.6% of Flagstar Advisors Inc.’s portfolio, making the stock its 4th largest holding. Flagstar Advisors Inc.’s holdings in iShares Core Dividend Growth ETF were worth $7,282,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of DGRO. Brighton Jones LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 52.5% in the fourth quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock worth $411,000 after acquiring an additional 2,304 shares during the last quarter. AQR Capital Management LLC increased its position in iShares Core Dividend Growth ETF by 95.4% during the 1st quarter. AQR Capital Management LLC now owns 13,842 shares of the company’s stock worth $855,000 after purchasing an additional 6,758 shares in the last quarter. Russell Investments Group Ltd. raised its stake in iShares Core Dividend Growth ETF by 114.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,204 shares of the company’s stock valued at $77,000 after purchasing an additional 643 shares during the last quarter. Glenview Trust co lifted its holdings in iShares Core Dividend Growth ETF by 7.2% in the 2nd quarter. Glenview Trust co now owns 9,516 shares of the company’s stock valued at $608,000 after purchasing an additional 637 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 2.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 12,191 shares of the company’s stock worth $779,000 after purchasing an additional 305 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO opened at $75.95 on Tuesday. The company has a market cap of $40.87 billion, a PE ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 12 month low of $63.61 and a 12 month high of $76.24. The company has a 50-day simple moving average of $74.29 and a 200-day simple moving average of $72.38.

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.