Sweeney & Michel LLC Cuts Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sweeney & Michel LLC lessened its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 342,909 shares of the company’s stock after selling 11,935 shares during the period. iShares Core Dividend Growth ETF comprises 8.7% of Sweeney & Michel LLC’s holdings, making the stock its largest position. Sweeney & Michel LLC owned approximately 0.07% of iShares Core Dividend Growth ETF worth $21,908,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its holdings in iShares Core Dividend Growth ETF by 319.5% during the first quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock worth $111,616,000 after purchasing an additional 1,464,167 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in iShares Core Dividend Growth ETF by 1,953.2% during the second quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock worth $741,000 after purchasing an additional 1,223,349 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares Core Dividend Growth ETF by 8.8% during the second quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock worth $746,096,000 after purchasing an additional 1,047,837 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in iShares Core Dividend Growth ETF during the second quarter worth $45,148,000. Finally, Smith Anglin Financial LLC boosted its holdings in iShares Core Dividend Growth ETF by 78.4% during the third quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock worth $84,424,000 after purchasing an additional 591,701 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.4 %

DGRO traded down $0.26 during trading hours on Tuesday, hitting $63.06. 124,847 shares of the company’s stock were exchanged, compared to its average volume of 1,392,722. iShares Core Dividend Growth ETF has a 1-year low of $47.19 and a 1-year high of $64.00. The stock’s 50-day moving average is $61.95 and its two-hundred day moving average is $59.21. The stock has a market cap of $29.86 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.