iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Stock Holdings Decreased by Cedar Wealth Management LLC

Cedar Wealth Management LLC reduced its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 84.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,934 shares of the company’s stock after selling 21,835 shares during the quarter. Cedar Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $241,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. LPL Financial LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 10.4% during the fourth quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock worth $905,150,000 after purchasing an additional 1,392,383 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth approximately $616,824,000. Commonwealth Equity Services LLC lifted its stake in iShares Core Dividend Growth ETF by 9.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 7,766,539 shares of the company’s stock valued at $476,399,000 after acquiring an additional 673,044 shares during the last quarter. Capital Investment Advisors LLC lifted its stake in iShares Core Dividend Growth ETF by 2.5% in the fourth quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock valued at $459,778,000 after acquiring an additional 180,448 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in iShares Core Dividend Growth ETF by 36.6% in the fourth quarter. Jones Financial Companies Lllp now owns 4,224,958 shares of the company’s stock valued at $259,159,000 after acquiring an additional 1,132,527 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.3 %

NYSEARCA DGRO opened at $61.52 on Friday. The stock has a market capitalization of $30.15 billion, a PE ratio of 21.26 and a beta of 0.89. The company has a 50 day moving average price of $62.97 and a two-hundred day moving average price of $62.78. iShares Core Dividend Growth ETF has a 12-month low of $55.08 and a 12-month high of $65.08.

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.