Concourse Financial Group Securities Inc. Sells 27,549 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Concourse Financial Group Securities Inc. decreased its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 28.9% during the fourth quarter, Holdings Channel reports. The firm owned 67,817 shares of the company’s stock after selling 27,549 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in iShares Core Dividend Growth ETF were worth $4,266,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DGRO. LPL Financial LLC increased its position in shares of iShares Core Dividend Growth ETF by 10.4% during the 4th quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock valued at $905,150,000 after purchasing an additional 1,392,383 shares during the last quarter. Raymond James Financial Inc. bought a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $616,824,000. Commonwealth Equity Services LLC increased its holdings in iShares Core Dividend Growth ETF by 9.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 7,766,539 shares of the company’s stock valued at $476,399,000 after buying an additional 673,044 shares during the last quarter. Capital Investment Advisors LLC raised its position in iShares Core Dividend Growth ETF by 2.5% in the fourth quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock worth $459,778,000 after acquiring an additional 180,448 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in shares of iShares Core Dividend Growth ETF by 17.7% during the 4th quarter. Wells Fargo & Company MN now owns 6,198,943 shares of the company’s stock worth $380,243,000 after acquiring an additional 932,713 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO opened at $58.22 on Friday. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year high of $65.08. The business has a fifty day moving average price of $61.41 and a 200-day moving average price of $62.39. The firm has a market capitalization of $28.65 billion, a price-to-earnings ratio of 20.41 and a beta of 0.86.

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.