MML Investors Services LLC Decreases Holdings in iShares Core Dividend Growth ETF $DGRO

MML Investors Services LLC trimmed its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,570,130 shares of the company’s stock after selling 173,753 shares during the period. iShares Core Dividend Growth ETF makes up 0.6% of MML Investors Services LLC’s holdings, making the stock its 28th biggest holding. MML Investors Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $247,838,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Focus Partners Wealth lifted its holdings in iShares Core Dividend Growth ETF by 5.2% during the 4th quarter. Focus Partners Wealth now owns 675,156 shares of the company’s stock worth $46,299,000 after buying an additional 33,473 shares during the last quarter. Fort Point Capital Partners LLC lifted its holdings in iShares Core Dividend Growth ETF by 2.1% during the 4th quarter. Fort Point Capital Partners LLC now owns 16,451 shares of the company’s stock worth $1,176,000 after buying an additional 339 shares during the last quarter. Clarity Asset Management Inc. purchased a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth about $57,000. Cornerstone Financial Management LLC purchased a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth about $369,000. Finally, Arax Advisory Partners purchased a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth about $1,057,000.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO opened at $75.91 on Monday. The company has a market capitalization of $40.85 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. The business has a 50-day moving average of $73.46 and a two-hundred day moving average of $71.93. iShares Core Dividend Growth ETF has a 1 year low of $62.05 and a 1 year high of $76.06.

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.