Sterling Manor Financial LLC Has $11.43 Million Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sterling Manor Financial LLC lowered its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 43.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 184,934 shares of the company’s stock after selling 139,478 shares during the quarter. iShares Core Dividend Growth ETF comprises approximately 8.2% of Sterling Manor Financial LLC’s investment portfolio, making the stock its 3rd largest holding. Sterling Manor Financial LLC’s holdings in iShares Core Dividend Growth ETF were worth $11,425,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in iShares Core Dividend Growth ETF by 52.5% during the 4th quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock worth $411,000 after acquiring an additional 2,304 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter worth about $2,295,000. QRG Capital Management Inc. bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter worth about $230,000. SVB Wealth LLC purchased a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at about $228,000. Finally, SRS Capital Advisors Inc. lifted its position in shares of iShares Core Dividend Growth ETF by 128.1% during the 4th quarter. SRS Capital Advisors Inc. now owns 4,223 shares of the company’s stock worth $259,000 after buying an additional 2,372 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.2%

Shares of DGRO opened at $64.91 on Thursday. The stock has a 50 day moving average of $61.99 and a 200 day moving average of $61.77. The company has a market capitalization of $32.47 billion, a price-to-earnings ratio of 19.66 and a beta of 0.85. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $65.08.

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.