Arete Wealth Advisors LLC Lowers Position in iShares Core Dividend Growth ETF $DGRO

Arete Wealth Advisors LLC lessened its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 18.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,426 shares of the company’s stock after selling 13,839 shares during the period. Arete Wealth Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,377,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Opulen Financial Group LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 0.7% in the 4th quarter. Opulen Financial Group LLC now owns 19,879 shares of the company’s stock valued at $1,380,000 after acquiring an additional 136 shares during the last quarter. Sharp Wealth Advisory LLC increased its stake in iShares Core Dividend Growth ETF by 4.3% in the first quarter. Sharp Wealth Advisory LLC now owns 3,361 shares of the company’s stock worth $236,000 after purchasing an additional 139 shares during the period. Huntleigh Advisors Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 4.3% in the fourth quarter. Huntleigh Advisors Inc. now owns 3,610 shares of the company’s stock worth $251,000 after purchasing an additional 150 shares during the last quarter. Centerpoint Advisory Group increased its stake in iShares Core Dividend Growth ETF by 0.4% in the 4th quarter. Centerpoint Advisory Group now owns 35,329 shares of the company’s stock worth $2,453,000 after buying an additional 153 shares during the period. Finally, Round Rock Advisors LLC increased its stake in iShares Core Dividend Growth ETF by 1.5% in the 4th quarter. Round Rock Advisors LLC now owns 10,798 shares of the company’s stock worth $750,000 after buying an additional 155 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO opened at $78.01 on Friday. The firm has a market capitalization of $42.73 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 1-year low of $63.76 and a 1-year high of $79.53. The company has a 50-day moving average of $76.19 and a 200 day moving average of $73.59.

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.