Thrivent Financial for Lutherans Cuts Stake in iShares Core Dividend Growth ETF $DGRO

Thrivent Financial for Lutherans lowered its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 44.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,318 shares of the company’s stock after selling 27,411 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Core Dividend Growth ETF were worth $2,397,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Caprock Group LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth about $678,000. AlphaCore Capital LLC increased its stake in shares of iShares Core Dividend Growth ETF by 119.2% during the third quarter. AlphaCore Capital LLC now owns 89,396 shares of the company’s stock worth $6,086,000 after purchasing an additional 48,607 shares in the last quarter. CVA Family Office LLC increased its stake in shares of iShares Core Dividend Growth ETF by 91.3% during the fourth quarter. CVA Family Office LLC now owns 116,205 shares of the company’s stock worth $8,067,000 after purchasing an additional 55,475 shares in the last quarter. Avior Wealth Management LLC increased its stake in shares of iShares Core Dividend Growth ETF by 7.7% during the fourth quarter. Avior Wealth Management LLC now owns 1,907,665 shares of the company’s stock worth $132,430,000 after purchasing an additional 135,877 shares in the last quarter. Finally, D.A. Davidson & CO. increased its stake in shares of iShares Core Dividend Growth ETF by 9.7% during the fourth quarter. D.A. Davidson & CO. now owns 137,795 shares of the company’s stock worth $9,566,000 after purchasing an additional 12,183 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $74.85 on Tuesday. iShares Core Dividend Growth ETF has a 12-month low of $60.73 and a 12-month high of $74.98. The stock has a market cap of $40.28 billion, a PE ratio of 19.66 and a beta of 0.77. The company has a 50-day moving average of $71.99 and a 200 day moving average of $71.23.

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.