HM Payson & Co. Lowers Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

HM Payson & Co. lessened its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,539 shares of the company’s stock after selling 640 shares during the quarter. HM Payson & Co.’s holdings in iShares Core Dividend Growth ETF were worth $775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of DGRO. Brighton Jones LLC raised its position in shares of iShares Core Dividend Growth ETF by 52.5% in the 4th quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock worth $411,000 after purchasing an additional 2,304 shares during the last quarter. Keybank National Association OH raised its position in iShares Core Dividend Growth ETF by 22.8% in the 4th quarter. Keybank National Association OH now owns 6,825 shares of the company’s stock worth $419,000 after buying an additional 1,265 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in iShares Core Dividend Growth ETF in the 4th quarter worth about $2,295,000. Cullen Frost Bankers Inc. raised its position in iShares Core Dividend Growth ETF by 74.0% in the 4th quarter. Cullen Frost Bankers Inc. now owns 23,092 shares of the company’s stock worth $1,416,000 after buying an additional 9,821 shares during the last quarter. Finally, Dana Investment Advisors Inc. raised its position in iShares Core Dividend Growth ETF by 22.1% in the 4th quarter. Dana Investment Advisors Inc. now owns 8,756 shares of the company’s stock worth $537,000 after buying an additional 1,587 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO opened at $65.22 on Friday. iShares Core Dividend Growth ETF has a fifty-two week low of $54.09 and a fifty-two week high of $65.37. The business has a 50-day simple moving average of $62.22 and a two-hundred day simple moving average of $61.81. The firm has a market cap of $32.62 billion, a price-to-earnings ratio of 19.66 and a beta of 0.89.

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.