iShares Core Dividend Growth ETF $DGRO is Hughes Financial Services LLC’s 7th Largest Position

Hughes Financial Services LLC cut its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 26.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 446,371 shares of the company’s stock after selling 163,826 shares during the period. iShares Core Dividend Growth ETF accounts for about 4.9% of Hughes Financial Services LLC’s portfolio, making the stock its 7th biggest position. Hughes Financial Services LLC owned about 0.09% of iShares Core Dividend Growth ETF worth $30,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of DGRO. LPL Financial LLC boosted its stake in iShares Core Dividend Growth ETF by 3.3% during the fourth quarter. LPL Financial LLC now owns 18,763,346 shares of the company’s stock worth $1,302,551,000 after buying an additional 595,710 shares during the period. Bank of America Corp DE boosted its stake in iShares Core Dividend Growth ETF by 1.1% during the third quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock worth $1,270,529,000 after buying an additional 195,211 shares during the period. Wealthfront Advisers LLC boosted its stake in iShares Core Dividend Growth ETF by 4.7% during the fourth quarter. Wealthfront Advisers LLC now owns 13,931,233 shares of the company’s stock worth $967,106,000 after buying an additional 628,342 shares during the period. Raymond James Financial Inc. boosted its stake in iShares Core Dividend Growth ETF by 4.6% during the third quarter. Raymond James Financial Inc. now owns 10,467,035 shares of the company’s stock worth $712,596,000 after buying an additional 457,568 shares during the period. Finally, Capital Investment Advisors LLC boosted its stake in iShares Core Dividend Growth ETF by 2.7% during the fourth quarter. Capital Investment Advisors LLC now owns 8,339,921 shares of the company’s stock worth $578,957,000 after buying an additional 215,540 shares during the period.

iShares Core Dividend Growth ETF Stock Down 0.8%

NYSEARCA DGRO opened at $74.74 on Thursday. The company has a fifty day moving average of $73.24 and a two-hundred day moving average of $71.82. The firm has a market capitalization of $40.22 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 52 week low of $62.05 and a 52 week high of $75.84.

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.