Quadrant Private Wealth Management LLC Cuts Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Quadrant Private Wealth Management LLC reduced its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 21.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,638 shares of the company’s stock after selling 4,168 shares during the period. Quadrant Private Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $959,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in DGRO. Alpha Financial Partners LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth $1,152,000. Creative Planning lifted its position in iShares Core Dividend Growth ETF by 3.1% during the third quarter. Creative Planning now owns 188,637 shares of the company’s stock valued at $11,826,000 after purchasing an additional 5,690 shares during the period. Bfsg LLC acquired a new position in iShares Core Dividend Growth ETF during the third quarter valued at $61,000. LexAurum Advisors LLC lifted its position in iShares Core Dividend Growth ETF by 1.9% during the third quarter. LexAurum Advisors LLC now owns 66,352 shares of the company’s stock valued at $4,160,000 after purchasing an additional 1,222 shares during the period. Finally, Ellenbecker Investment Group lifted its position in iShares Core Dividend Growth ETF by 41.6% during the third quarter. Ellenbecker Investment Group now owns 19,656 shares of the company’s stock valued at $1,232,000 after purchasing an additional 5,773 shares during the period.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA DGRO opened at $63.81 on Friday. The company has a market capitalization of $30.21 billion, a PE ratio of 19.25 and a beta of 0.71. The company has a fifty day moving average of $62.53 and a 200 day moving average of $62.32. iShares Core Dividend Growth ETF has a 1 year low of $55.08 and a 1 year high of $65.08.

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.