Magnus Financial Group LLC Has $1.34 Million Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Magnus Financial Group LLC trimmed its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 37.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,644 shares of the company’s stock after selling 11,897 shares during the period. Magnus Financial Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,337,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Beacon Financial Planning Inc. lifted its stake in shares of iShares Core Dividend Growth ETF by 8.1% in the 3rd quarter. Beacon Financial Planning Inc. now owns 19,468 shares of the company’s stock valued at $1,325,000 after purchasing an additional 1,452 shares during the last quarter. Octavia Wealth Advisors LLC acquired a new position in iShares Core Dividend Growth ETF during the third quarter worth $239,000. Avantra Family Wealth Inc. raised its holdings in iShares Core Dividend Growth ETF by 66.4% during the third quarter. Avantra Family Wealth Inc. now owns 16,573 shares of the company’s stock valued at $1,128,000 after buying an additional 6,611 shares in the last quarter. First National Corp MA ADV lifted its position in shares of iShares Core Dividend Growth ETF by 5.7% in the third quarter. First National Corp MA ADV now owns 120,248 shares of the company’s stock worth $8,217,000 after buying an additional 6,533 shares during the last quarter. Finally, Stephens Inc. AR boosted its stake in shares of iShares Core Dividend Growth ETF by 14.5% during the 3rd quarter. Stephens Inc. AR now owns 142,509 shares of the company’s stock worth $9,702,000 after acquiring an additional 18,065 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $71.49 on Friday. The business’s 50-day simple moving average is $69.53 and its 200-day simple moving average is $67.66. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $71.66. The firm has a market cap of $37.15 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84.

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.