Princeton Global Asset Management LLC Has $10.54 Million Stake in iShares Core Dividend Growth ETF $DGRO

Princeton Global Asset Management LLC trimmed its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 22.8% during the first quarter, HoldingsChannel.com reports. The fund owned 150,142 shares of the company’s stock after selling 44,255 shares during the quarter. iShares Core Dividend Growth ETF accounts for about 1.7% of Princeton Global Asset Management LLC’s holdings, making the stock its 12th largest position. Princeton Global Asset Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $10,537,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Opulen Financial Group LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 0.7% in the 4th quarter. Opulen Financial Group LLC now owns 19,879 shares of the company’s stock valued at $1,380,000 after purchasing an additional 136 shares in the last quarter. Dakota Wealth Management increased its position in shares of iShares Core Dividend Growth ETF by 3.3% during the 4th quarter. Dakota Wealth Management now owns 4,755 shares of the company’s stock worth $330,000 after purchasing an additional 150 shares in the last quarter. Huntleigh Advisors Inc. lifted its holdings in iShares Core Dividend Growth ETF by 4.3% during the 4th quarter. Huntleigh Advisors Inc. now owns 3,610 shares of the company’s stock valued at $251,000 after purchasing an additional 150 shares during the last quarter. Centerpoint Advisory Group lifted its holdings in iShares Core Dividend Growth ETF by 0.4% during the 4th quarter. Centerpoint Advisory Group now owns 35,329 shares of the company’s stock valued at $2,453,000 after purchasing an additional 153 shares during the last quarter. Finally, Round Rock Advisors LLC lifted its holdings in iShares Core Dividend Growth ETF by 1.5% during the 4th quarter. Round Rock Advisors LLC now owns 10,798 shares of the company’s stock valued at $750,000 after purchasing an additional 155 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO opened at $75.80 on Monday. The firm has a market cap of $40.79 billion, a PE ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 12 month low of $63.36 and a 12 month high of $76.24. The company’s 50-day moving average price is $74.22 and its two-hundred day moving average price is $72.33.

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.