Western Wealth Management LLC Decreases Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Western Wealth Management LLC lessened its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 84.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,317 shares of the company’s stock after selling 33,703 shares during the period. Western Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth about $616,824,000. LPL Financial LLC boosted its stake in iShares Core Dividend Growth ETF by 10.4% in the 4th quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock worth $905,150,000 after purchasing an additional 1,392,383 shares in the last quarter. Strategic Financial Concepts LLC grew its position in iShares Core Dividend Growth ETF by 5,922.8% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,334,049 shares of the company’s stock worth $81,831,000 after purchasing an additional 1,311,899 shares during the last quarter. Jones Financial Companies Lllp increased its stake in iShares Core Dividend Growth ETF by 36.6% during the 4th quarter. Jones Financial Companies Lllp now owns 4,224,958 shares of the company’s stock valued at $259,159,000 after purchasing an additional 1,132,527 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of iShares Core Dividend Growth ETF by 17.7% in the fourth quarter. Wells Fargo & Company MN now owns 6,198,943 shares of the company’s stock worth $380,243,000 after buying an additional 932,713 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA DGRO opened at $61.20 on Friday. The company has a market cap of $30.44 billion, a price-to-earnings ratio of 20.04 and a beta of 0.86. The stock’s fifty day moving average price is $60.07 and its 200 day moving average price is $61.99. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year 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.