Mariner LLC Sells 44,335 Shares of iShares Core Dividend Growth ETF $DGRO

Mariner LLC reduced its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,598,771 shares of the company’s stock after selling 44,335 shares during the period. Mariner LLC owned 0.50% of iShares Core Dividend Growth ETF worth $180,407,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in DGRO. Ameriprise Financial Inc. increased its holdings 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 worth $504,803,000 after acquiring an additional 1,080,418 shares in the last quarter. Wellington Management Group LLP purchased a new position in iShares Core Dividend Growth ETF during the third quarter valued at approximately $65,915,000. MML Investors Services LLC boosted its position in shares of iShares Core Dividend Growth ETF by 25.9% in the second 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. HighTower Advisors LLC increased its stake in shares of iShares Core Dividend Growth ETF by 15.7% in the third quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock worth $337,810,000 after purchasing an additional 673,706 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of iShares Core Dividend Growth ETF by 10.4% in the fourth quarter. Wells Fargo & Company MN now owns 7,050,627 shares of the company’s stock worth $489,454,000 after purchasing an additional 665,808 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $75.91 on Monday. iShares Core Dividend Growth ETF has a one year low of $62.05 and a one year high of $76.06. The company’s fifty day moving average price is $73.46 and its 200-day moving average price is $71.93. The company has a market capitalization of $40.85 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77.

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.