Demars Financial Group LLC Cuts Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Demars Financial Group LLC trimmed its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 7.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,806 shares of the company’s stock after selling 601 shares during the quarter. Demars Financial Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $450,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DGRO. Wealthcare Advisory Partners LLC grew its holdings in iShares Core Dividend Growth ETF by 6.7% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 31,572 shares of the company’s stock worth $1,699,000 after purchasing an additional 1,996 shares during the last quarter. Global Wealth Management Investment Advisory Inc. grew its holdings in iShares Core Dividend Growth ETF by 2.2% in the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 15,616 shares of the company’s stock worth $840,000 after purchasing an additional 340 shares during the last quarter. EQ LLC purchased a new position in iShares Core Dividend Growth ETF in the fourth quarter worth $6,401,000. Westfield Capital Management Co. LP purchased a new position in iShares Core Dividend Growth ETF in the fourth quarter worth $3,411,000. Finally, Ledyard National Bank grew its holdings in iShares Core Dividend Growth ETF by 4.4% in the fourth quarter. Ledyard National Bank now owns 1,088,452 shares of the company’s stock worth $58,580,000 after purchasing an additional 45,453 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA DGRO traded up $0.20 on Friday, hitting $60.57. The stock had a trading volume of 791,667 shares, compared to its average volume of 1,430,884. The business’s fifty day moving average price is $58.60 and its 200 day moving average price is $57.35. iShares Core Dividend Growth ETF has a 52-week low of $47.19 and a 52-week high of $60.66. The stock has a market cap of $28.68 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.