LexAurum Advisors LLC Trims Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

LexAurum Advisors LLC decreased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 64,691 shares of the company’s stock after selling 1,661 shares during the quarter. LexAurum Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $3,968,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of DGRO. Drucker Wealth 3.0 LLC purchased a new stake in iShares Core Dividend Growth ETF in the second quarter worth $945,000. Daymark Wealth Partners LLC purchased a new stake in iShares Core Dividend Growth ETF in the 2nd quarter valued at about $236,000. Smith Thornton Advisors LLC bought a new position in iShares Core Dividend Growth ETF in the 2nd quarter worth about $3,484,000. Raab & Moskowitz Asset Management LLC increased its position in shares of iShares Core Dividend Growth ETF by 4.3% during the second quarter. Raab & Moskowitz Asset Management LLC now owns 12,235 shares of the company’s stock worth $705,000 after acquiring an additional 504 shares during the period. Finally, Ascent Group LLC raised its stake in shares of iShares Core Dividend Growth ETF by 13.3% during the second quarter. Ascent Group LLC now owns 4,602 shares of the company’s stock valued at $265,000 after acquiring an additional 540 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.7 %

Shares of NYSEARCA:DGRO opened at $63.35 on Friday. The business’s 50 day moving average is $62.71 and its 200 day moving average is $61.84. The stock has a market cap of $29.99 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 52-week low of $54.17 and a 52-week high of $65.08.

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.