DDFG Inc Decreases Position in iShares Core Dividend Growth ETF $DGRO

DDFG Inc lessened its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 64.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 68,248 shares of the company’s stock after selling 125,032 shares during the quarter. iShares Core Dividend Growth ETF makes up about 1.1% of DDFG Inc’s investment portfolio, making the stock its 23rd biggest position. DDFG Inc’s holdings in iShares Core Dividend Growth ETF were worth $4,646,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DGRO. Envestnet Asset Management Inc. grew its stake in iShares Core Dividend Growth ETF by 42.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock worth $865,424,000 after buying an additional 4,028,341 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of iShares Core Dividend Growth ETF by 16.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock valued at $583,076,000 after acquiring an additional 1,211,980 shares during the period. Ameriprise Financial Inc. raised its position in iShares Core Dividend Growth ETF by 15.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after purchasing an additional 1,080,418 shares during the last quarter. MML Investors Services LLC boosted its stake in iShares Core Dividend Growth ETF by 25.9% during the 2nd quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock worth $289,967,000 after purchasing an additional 934,207 shares during the period. Finally, Hughes Financial Services LLC boosted its stake in iShares Core Dividend Growth ETF by 86,423.7% during the 2nd quarter. Hughes Financial Services LLC now owns 591,822 shares of the company’s stock worth $38,356,000 after purchasing an additional 591,138 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $72.66 on Friday. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year high of $73.25. The firm has a market cap of $37.94 billion, a PE ratio of 19.66 and a beta of 0.84. The firm’s fifty day moving average is $70.53 and its two-hundred day moving average is $68.38.

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.