Flagship Wealth Advisors LLC Sells 32,034 Shares of iShares Core Dividend Growth ETF $DGRO

Flagship Wealth Advisors LLC cut its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 28.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 80,369 shares of the company’s stock after selling 32,034 shares during the quarter. iShares Core Dividend Growth ETF accounts for approximately 2.1% of Flagship Wealth Advisors LLC’s investment portfolio, making the stock its 12th largest position. Flagship Wealth Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $5,139,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. D.A. Davidson & CO. lifted its holdings in shares of iShares Core Dividend Growth ETF by 9.7% in the 4th quarter. D.A. Davidson & CO. now owns 137,795 shares of the company’s stock valued at $9,566,000 after acquiring an additional 12,183 shares during the last quarter. Directional Asset Management purchased a new position in iShares Core Dividend Growth ETF in the fourth quarter worth about $3,630,000. Twelve Points Wealth Management LLC increased its stake in iShares Core Dividend Growth ETF by 29.4% during the fourth quarter. Twelve Points Wealth Management LLC now owns 134,496 shares of the company’s stock worth $9,545,000 after acquiring an additional 30,531 shares during the last quarter. CWM LLC increased its stake in iShares Core Dividend Growth ETF by 21.6% during the fourth quarter. CWM LLC now owns 117,514 shares of the company’s stock worth $8,158,000 after acquiring an additional 20,852 shares during the last quarter. Finally, FORM Wealth Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $41,037,000.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $78.01 on Friday. The company has a market cap of $42.73 billion, a PE ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 1 year low of $63.76 and a 1 year high of $79.53. The stock’s 50 day simple moving average is $76.19 and its two-hundred day simple moving average is $73.59.

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.