Asset Dedication LLC Has $6.77 Million Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Asset Dedication LLC lowered its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 17.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 110,417 shares of the company’s stock after selling 23,848 shares during the period. Asset Dedication LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,773,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of DGRO. Ascent Group LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 13.3% during the 2nd quarter. Ascent Group LLC now owns 4,602 shares of the company’s stock worth $265,000 after buying an additional 540 shares in the last quarter. Creative Planning increased its holdings in iShares Core Dividend Growth ETF by 7.4% in the 2nd quarter. Creative Planning now owns 182,947 shares of the company’s stock worth $10,540,000 after purchasing an additional 12,610 shares in the last quarter. Gateway Wealth Partners LLC increased its holdings in iShares Core Dividend Growth ETF by 20.7% in the 2nd quarter. Gateway Wealth Partners LLC now owns 4,746 shares of the company’s stock worth $273,000 after purchasing an additional 813 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in iShares Core Dividend Growth ETF by 4.2% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 121,134 shares of the company’s stock worth $6,979,000 after purchasing an additional 4,933 shares in the last quarter. Finally, Granite Bay Wealth Management LLC acquired a new position in iShares Core Dividend Growth ETF in the 2nd quarter worth about $3,858,000.

iShares Core Dividend Growth ETF Stock Down 0.6 %

Shares of DGRO opened at $63.22 on Wednesday. iShares Core Dividend Growth ETF has a 12-month low of $54.31 and a 12-month high of $65.08. The business has a 50-day simple moving average of $62.72 and a two-hundred day simple moving average of $61.99. The stock has a market cap of $29.93 billion, a PE ratio of 19.25 and a beta of 0.71.

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.