Eastern Bank Sells 1,172 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Eastern Bank lessened its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.0% in the fourth quarter, Holdings Channel reports. The firm owned 115,263 shares of the company’s stock after selling 1,172 shares during the period. Eastern Bank’s holdings in iShares Core Dividend Growth ETF were worth $7,070,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 2nd quarter worth $45,148,000. MML Investors Services LLC lifted its holdings in iShares Core Dividend Growth ETF by 20.4% during the 3rd quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after purchasing an additional 644,193 shares in the last quarter. Smith Anglin Financial LLC lifted its holdings in iShares Core Dividend Growth ETF by 78.4% during the 3rd quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock worth $84,424,000 after purchasing an additional 591,701 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares Core Dividend Growth ETF by 3.2% during the 3rd quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock worth $837,783,000 after purchasing an additional 413,083 shares in the last quarter. Finally, Summit Investment Advisory Services LLC purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth about $23,432,000.

iShares Core Dividend Growth ETF Stock Up 0.6 %

DGRO traded up $0.39 during trading on Monday, reaching $60.85. 1,633,429 shares of the company were exchanged, compared to its average volume of 2,005,580. The company’s 50-day moving average is $62.91 and its two-hundred day moving average is $61.60. The company has a market cap of $28.81 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12-month low of $53.11 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.