Flagstar Advisors Inc. Has $13.25 Million Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Flagstar Advisors Inc. cut its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 246,272 shares of the company’s stock after selling 7,128 shares during the period. iShares Core Dividend Growth ETF comprises approximately 4.2% of Flagstar Advisors Inc.’s investment portfolio, making the stock its 3rd biggest position. Flagstar Advisors Inc. owned 0.05% of iShares Core Dividend Growth ETF worth $13,254,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DGRO. Moneta Group Investment Advisors LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 626,659.9% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 114,446,360 shares of the company’s stock worth $5,722,318,000 after buying an additional 114,428,100 shares in the last quarter. First Command Advisory Services Inc. increased its holdings in shares of iShares Core Dividend Growth ETF by 638.9% during the third quarter. First Command Advisory Services Inc. now owns 1,596,372 shares of the company’s stock worth $79,077,000 after buying an additional 1,380,322 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of iShares Core Dividend Growth ETF by 211.4% during the first quarter. Stifel Financial Corp now owns 1,852,920 shares of the company’s stock worth $92,630,000 after buying an additional 1,257,796 shares in the last quarter. Morgan Stanley increased its holdings in shares of iShares Core Dividend Growth ETF by 7.1% during the fourth quarter. Morgan Stanley now owns 18,545,890 shares of the company’s stock worth $927,295,000 after buying an additional 1,232,407 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 42.1% during the third quarter. Wealthfront Advisers LLC now owns 4,153,422 shares of the company’s stock worth $205,719,000 after buying an additional 1,231,332 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA DGRO traded up $0.18 on Friday, reaching $58.06. The company had a trading volume of 1,234,328 shares, compared to its average volume of 1,623,687. The firm has a market cap of $26.87 billion, a price-to-earnings ratio of 15.16 and a beta of 0.89. iShares Core Dividend Growth ETF has a fifty-two week low of $47.19 and a fifty-two week high of $58.19. The business has a 50 day moving average of $56.02 and a two-hundred day moving average of $52.91.

iShares Core Dividend Growth ETF Company 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.