Principal Securities Inc. Has $6.56 Million Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Principal Securities Inc. lowered its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.7% in the third quarter, HoldingsChannel.com reports. The firm owned 104,668 shares of the company’s stock after selling 5,110 shares during the quarter. Principal Securities Inc.’s holdings in iShares Core Dividend Growth ETF were worth $6,562,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DGRO. Diversified Trust Co increased its holdings in iShares Core Dividend Growth ETF by 102.0% in the first quarter. Diversified Trust Co now owns 11,250 shares of the company’s stock valued at $653,000 after purchasing an additional 5,680 shares during the period. Diversify Advisory Services LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the 1st quarter worth approximately $603,000. Sequoia Financial Advisors LLC grew its position in shares of iShares Core Dividend Growth ETF by 2.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 8,289 shares of the company’s stock worth $481,000 after buying an additional 228 shares during the period. Concourse Financial Group Securities Inc. increased its stake in shares of iShares Core Dividend Growth ETF by 31.8% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 29,279 shares of the company’s stock valued at $1,700,000 after acquiring an additional 7,062 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in shares of iShares Core Dividend Growth ETF during the first quarter valued at about $302,000.

iShares Core Dividend Growth ETF Stock Down 0.8 %

Shares of DGRO opened at $61.94 on Friday. The business’s fifty day moving average is $62.29 and its 200 day moving average is $59.49. iShares Core Dividend Growth ETF has a 12-month low of $47.77 and a 12-month high of $64.00. The stock has a market cap of $29.33 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.