Transcend Capital Advisors LLC Decreases Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Transcend Capital Advisors LLC decreased its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 12.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,000 shares of the company’s stock after selling 736 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DGRO. Strategic Financial Concepts LLC raised its stake in iShares Core Dividend Growth ETF by 5,922.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,334,049 shares of the company’s stock worth $81,831,000 after acquiring an additional 1,311,899 shares during the last quarter. Stonebridge Financial Group LLC purchased a new position in iShares Core Dividend Growth ETF in the 4th quarter worth $44,389,000. MML Investors Services LLC raised its stake in iShares Core Dividend Growth ETF by 20.4% in the 3rd quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after acquiring an additional 644,193 shares during the last quarter. LPL Financial LLC raised its stake in iShares Core Dividend Growth ETF by 3.2% in the 3rd quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock worth $837,783,000 after acquiring an additional 413,083 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in iShares Core Dividend Growth ETF by 171.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 386,293 shares of the company’s stock worth $23,657,000 after acquiring an additional 243,893 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $63.76 on Monday. The firm has a market capitalization of $30.19 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The business has a fifty day moving average of $62.59 and a 200 day moving average of $62.54. iShares Core Dividend Growth ETF has a 1 year low of $55.08 and a 1 year high of $65.08.

iShares Core Dividend Growth ETF 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.