SPC Financial Inc. Has $232,000 Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

SPC Financial Inc. decreased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 37.1% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 4,000 shares of the company’s stock after selling 2,359 shares during the period. SPC Financial Inc.’s holdings in iShares Core Dividend Growth ETF were worth $232,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in shares of iShares Core Dividend Growth ETF by 1.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 8,543,205 shares of the company’s stock worth $459,795,000 after purchasing an additional 85,304 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in iShares Core Dividend Growth ETF by 2.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 7,134,724 shares of the company’s stock valued at $414,242,000 after acquiring an additional 147,981 shares in the last quarter. Capital Investment Advisors LLC boosted its holdings in iShares Core Dividend Growth ETF by 2.7% during the 4th quarter. Capital Investment Advisors LLC now owns 7,024,881 shares of the company’s stock worth $378,079,000 after acquiring an additional 183,410 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of iShares Core Dividend Growth ETF by 11.0% in the fourth quarter. Wells Fargo & Company MN now owns 5,252,724 shares of the company’s stock valued at $282,702,000 after purchasing an additional 518,671 shares during the last quarter. Finally, Truist Financial Corp lifted its position in shares of iShares Core Dividend Growth ETF by 4.1% during the fourth quarter. Truist Financial Corp now owns 3,434,189 shares of the company’s stock valued at $184,828,000 after purchasing an additional 134,285 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock opened at $58.88 on Friday. iShares Core Dividend Growth ETF has a fifty-two week low of $47.19 and a fifty-two week high of $58.93. The firm’s 50-day simple moving average is $57.64 and its 200 day simple moving average is $56.33. The stock has a market cap of $27.88 billion, a PE ratio of 19.25 and a beta of 0.71.

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.