iShares Core Dividend Growth ETF (NYSEARCA:DGRO) is Professional Financial Advisors LLC’s 10th Largest Position

Professional Financial Advisors LLC grew its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.1% in the 4th quarter, HoldingsChannel reports. The firm owned 84,449 shares of the company’s stock after acquiring an additional 886 shares during the quarter. iShares Core Dividend Growth ETF makes up about 1.5% of Professional Financial Advisors LLC’s portfolio, making the stock its 10th biggest position. Professional Financial Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,545,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Blair William & Co. IL lifted its stake in iShares Core Dividend Growth ETF by 20.6% in the 1st quarter. Blair William & Co. IL now owns 27,260 shares of the company’s stock worth $1,456,000 after acquiring an additional 4,648 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF in the 1st quarter worth about $487,000. Baird Financial Group Inc. increased its position in iShares Core Dividend Growth ETF by 6.6% in the 1st quarter. Baird Financial Group Inc. now owns 946,582 shares of the company’s stock worth $50,557,000 after purchasing an additional 58,729 shares during the last quarter. Brown Brothers Harriman & Co. increased its position in iShares Core Dividend Growth ETF by 6.9% in the 1st quarter. Brown Brothers Harriman & Co. now owns 9,617 shares of the company’s stock worth $514,000 after purchasing an additional 617 shares during the last quarter. Finally, High Net Worth Advisory Group LLC increased its position in iShares Core Dividend Growth ETF by 35.4% in the 1st quarter. High Net Worth Advisory Group LLC now owns 17,200 shares of the company’s stock worth $919,000 after purchasing an additional 4,500 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.3 %

DGRO stock traded up $0.17 during mid-day trading on Thursday, hitting $58.05. The stock had a trading volume of 567,685 shares, compared to its average volume of 1,611,414. iShares Core Dividend Growth ETF has a 1-year low of $47.19 and a 1-year high of $58.05. The company has a fifty day moving average of $55.85 and a 200 day moving average of $52.83. The stock has a market capitalization of $26.86 billion, a price-to-earnings ratio of 15.16 and a beta of 0.89.

About iShares Core Dividend Growth ETF

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.