iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Position Trimmed by MBE Wealth Management LLC

MBE Wealth Management LLC reduced its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 8.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,800 shares of the company’s stock after selling 4,690 shares during the period. iShares Core Dividend Growth ETF accounts for about 1.9% of MBE Wealth Management LLC’s portfolio, making the stock its 9th largest holding. MBE Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $3,373,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Fisher Asset Management LLC increased its position in shares of iShares Core Dividend Growth ETF by 3.6% during the fourth quarter. Fisher Asset Management LLC now owns 5,166 shares of the company’s stock worth $278,000 after purchasing an additional 179 shares in the last quarter. Sheaff Brock Investment Advisors LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 2.7% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 7,086 shares of the company’s stock worth $411,000 after buying an additional 186 shares in the last quarter. Alta Wealth Advisors LLC raised its position in shares of iShares Core Dividend Growth ETF by 2.6% in the third quarter. Alta Wealth Advisors LLC now owns 7,693 shares of the company’s stock valued at $482,000 after buying an additional 194 shares during the last quarter. HHM Wealth Advisors LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 5.7% in the second quarter. HHM Wealth Advisors LLC now owns 3,730 shares of the company’s stock worth $215,000 after buying an additional 200 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its position in iShares Core Dividend Growth ETF by 0.8% during the second quarter. Ausdal Financial Partners Inc. now owns 27,434 shares of the company’s stock worth $1,580,000 after acquiring an additional 205 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 1.0 %

DGRO stock traded down $0.62 during mid-day trading on Monday, reaching $63.27. The company’s stock had a trading volume of 355,106 shares, compared to its average volume of 1,396,643. The company’s 50 day moving average is $61.86 and its two-hundred day moving average is $59.17. iShares Core Dividend Growth ETF has a fifty-two week low of $47.19 and a fifty-two week high of $64.00. The stock has a market cap of $29.96 billion, a PE ratio of 19.25 and a beta of 0.71.

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.