Sunburst Financial Group LLC Cuts Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sunburst Financial Group LLC lessened its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 11.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,614 shares of the company’s stock after selling 1,515 shares during the quarter. Sunburst Financial Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $712,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DGRO. Investment Partners Asset Management Inc. raised its stake in iShares Core Dividend Growth ETF by 8.0% in the 4th quarter. Investment Partners Asset Management Inc. now owns 9,853 shares of the company’s stock valued at $604,000 after purchasing an additional 730 shares during the last quarter. MGB Wealth Management LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 92.4% during the fourth quarter. MGB Wealth Management LLC now owns 933 shares of the company’s stock worth $57,000 after buying an additional 448 shares in the last quarter. Consolidated Planning Corp grew its holdings in shares of iShares Core Dividend Growth ETF by 272.2% during the fourth quarter. Consolidated Planning Corp now owns 20,235 shares of the company’s stock worth $1,241,000 after buying an additional 14,799 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at about $3,573,000. Finally, Avidian Wealth Enterprises LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 0.7% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 121,301 shares of the company’s stock worth $7,441,000 after buying an additional 881 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.8 %

DGRO opened at $64.07 on Friday. The firm has a market capitalization of $30.33 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a twelve month low of $54.64 and a twelve month high of $65.08. The firm’s 50-day moving average price is $62.53 and its 200 day moving average price is $62.29.

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.