iShares Core Dividend Growth ETF (NYSEARCA:DGRO) is TBH Global Asset Management LLC’s 2nd Largest Position

TBH Global Asset Management LLC reduced its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 10.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 620,552 shares of the company’s stock after selling 75,800 shares during the period. iShares Core Dividend Growth ETF makes up approximately 6.8% of TBH Global Asset Management LLC’s holdings, making the stock its 2nd largest holding. TBH Global Asset Management LLC owned approximately 0.13% of iShares Core Dividend Growth ETF worth $33,398,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Command Advisory Services Inc. grew its holdings in iShares Core Dividend Growth ETF by 638.9% in the 3rd 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. American Trust lifted its holdings in iShares Core Dividend Growth ETF by 78.8% in the 3rd quarter. American Trust now owns 1,986,876 shares of the company’s stock worth $98,410,000 after purchasing an additional 875,601 shares during the last quarter. Raymond James & Associates boosted its holdings in iShares Core Dividend Growth ETF by 39.8% during the fourth quarter. Raymond James & Associates now owns 2,514,004 shares of the company’s stock valued at $135,304,000 after acquiring an additional 715,487 shares during the period. International Assets Investment Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter worth approximately $38,154,000. Finally, Comerica Bank bought a new stake in shares of iShares Core Dividend Growth ETF in the third quarter valued at about $30,527,000.

iShares Core Dividend Growth ETF Stock Up 0.2 %

NYSEARCA:DGRO traded up $0.14 on Friday, reaching $57.62. The stock had a trading volume of 1,730,917 shares, compared to its average volume of 1,537,673. The company has a market capitalization of $27.28 billion, a P/E ratio of 19.25 and a beta of 0.71. The stock has a fifty day moving average price of $57.02 and a 200-day moving average price of $54.89. iShares Core Dividend Growth ETF has a 1-year low of $47.19 and a 1-year high of $58.61.

iShares Core Dividend Growth ETF 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.