Strategic Wealth Partners Ltd. Reduces Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Strategic Wealth Partners Ltd. cut its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 169,702 shares of the company’s stock after selling 11,821 shares during the period. iShares Core Dividend Growth ETF accounts for about 0.9% of Strategic Wealth Partners Ltd.’s portfolio, making the stock its 28th biggest position. Strategic Wealth Partners Ltd.’s holdings in iShares Core Dividend Growth ETF were worth $10,873,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DGRO. Bank of America Corp DE raised its holdings in iShares Core Dividend Growth ETF by 3.9% during the 4th quarter. Bank of America Corp DE now owns 18,265,578 shares of the company’s stock valued at $1,120,411,000 after buying an additional 679,471 shares during the period. LPL Financial LLC boosted its stake in iShares Core Dividend Growth ETF by 10.4% during the fourth quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock worth $905,150,000 after buying an additional 1,392,383 shares during the period. Raymond James Financial Inc. bought a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at $616,824,000. Commonwealth Equity Services LLC raised its stake in shares of iShares Core Dividend Growth ETF by 9.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 7,766,539 shares of the company’s stock valued at $476,399,000 after acquiring an additional 673,044 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of iShares Core Dividend Growth ETF by 17.7% in the fourth quarter. Wells Fargo & Company MN now owns 6,198,943 shares of the company’s stock valued at $380,243,000 after acquiring an additional 932,713 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.6%

DGRO stock opened at $62.63 on Friday. The stock has a market cap of $31.15 billion, a PE ratio of 20.04 and a beta of 0.86. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $65.08. The company has a 50-day moving average price of $60.02 and a 200 day moving average price of $61.99.

iShares Core Dividend Growth ETF Company 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.