141,531 Shares in iShares Core Dividend Growth ETF $DGRO Purchased by Sterling Manor Financial LLC

Sterling Manor Financial LLC bought a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 3rd quarter, Holdings Channel reports. The fund bought 141,531 shares of the company’s stock, valued at approximately $10,670,000. iShares Core Dividend Growth ETF comprises approximately 6.1% of Sterling Manor Financial LLC’s holdings, making the stock its 7th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MBM Wealth Consultants LLC purchased a new position in iShares Core Dividend Growth ETF during the first quarter valued at approximately $27,000. Financial Freedom LLC bought a new position in shares of iShares Core Dividend Growth ETF in the first quarter worth approximately $35,000. IAG Wealth Partners LLC boosted its position in shares of iShares Core Dividend Growth ETF by 100.7% in the first quarter. IAG Wealth Partners LLC now owns 592 shares of the company’s stock worth $42,000 after purchasing an additional 297 shares during the period. Tompkins Financial Corp purchased a new stake in shares of iShares Core Dividend Growth ETF in the third quarter worth $50,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the third quarter worth $51,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO traded up $0.04 during midday trading on Wednesday, reaching $79.30. The stock had a trading volume of 805,356 shares, compared to its average volume of 1,831,644. The company has a market capitalization of $44.19 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76. iShares Core Dividend Growth ETF has a 12-month low of $67.14 and a 12-month high of $80.58. The stock has a 50-day moving average of $78.07 and a 200-day moving average of $76.16.

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.