Prota Financial LLC Reduces Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Prota Financial LLC lessened its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 25.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 114,115 shares of the company’s stock after selling 39,486 shares during the period. iShares Core Dividend Growth ETF comprises about 5.7% of Prota Financial LLC’s portfolio, making the stock its 4th largest holding. Prota Financial LLC’s holdings in iShares Core Dividend Growth ETF were worth $8,684,000 as of its most recent filing with the SEC.

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

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock opened at $79.13 on Wednesday. The company has a 50 day moving average price of $76.35 and a 200 day moving average price of $73.71. iShares Core Dividend Growth ETF has a 52 week low of $64.55 and a 52 week high of $79.53. The firm has a market capitalization of $43.36 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76.

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.