Freedom Investment Management Inc. Has $9.68 Million Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Freedom Investment Management Inc. cut its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 157,776 shares of the company’s stock after selling 2,908 shares during the period. iShares Core Dividend Growth ETF comprises about 0.8% of Freedom Investment Management Inc.’s portfolio, making the stock its 25th biggest holding. Freedom Investment Management Inc.’s holdings in iShares Core Dividend Growth ETF were worth $9,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of the business. Commerce Bank boosted its stake in shares of iShares Core Dividend Growth ETF by 12.7% in the fourth quarter. Commerce Bank now owns 8,500 shares of the company’s stock valued at $521,000 after buying an additional 961 shares during the period. Capital International Investors raised its stake in iShares Core Dividend Growth ETF by 437.2% during the fourth quarter. Capital International Investors now owns 25,510 shares of the company’s stock worth $1,565,000 after acquiring an additional 20,761 shares in the last quarter. Tobias Financial Advisors Inc. increased its position in iShares Core Dividend Growth ETF by 6.4% during the 4th quarter. Tobias Financial Advisors Inc. now owns 3,902 shares of the company’s stock worth $239,000 after purchasing an additional 233 shares in the last quarter. Capital Square LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 22.2% in the 4th quarter. Capital Square LLC now owns 3,961 shares of the company’s stock valued at $251,000 after acquiring an additional 720 shares during the last quarter. Finally, Demars Financial Group LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 6,052.3% during the 4th quarter. Demars Financial Group LLC now owns 444,383 shares of the company’s stock valued at $27,258,000 after acquiring an additional 437,160 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.5 %

Shares of DGRO opened at $58.22 on Friday. The stock has a market cap of $28.65 billion, a PE ratio of 20.41 and a beta of 0.86. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $65.08. The business has a 50-day simple moving average of $61.41 and a two-hundred day simple moving average of $62.39.

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.