Physician Wealth Advisors Inc. Decreases Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Physician Wealth Advisors Inc. lessened its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.5% in the 4th quarter, Holdings Channel reports. The fund owned 125,746 shares of the company’s stock after selling 584 shares during the quarter. iShares Core Dividend Growth ETF accounts for 1.3% of Physician Wealth Advisors Inc.’s holdings, making the stock its 19th largest holding. Physician Wealth Advisors Inc.’s holdings in iShares Core Dividend Growth ETF were worth $7,713,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DGRO. Raymond James Financial Inc. purchased a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $616,824,000. LPL Financial LLC boosted its stake in iShares Core Dividend Growth ETF by 10.4% during the fourth quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock worth $905,150,000 after buying an additional 1,392,383 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings 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 valued at $81,831,000 after buying an additional 1,311,899 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of iShares Core Dividend Growth ETF by 36.6% in the 4th quarter. Jones Financial Companies Lllp now owns 4,224,958 shares of the company’s stock worth $259,159,000 after acquiring an additional 1,132,527 shares during the last quarter. Finally, Stonebridge Financial Group LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth $44,389,000.

iShares Core Dividend Growth ETF Trading Down 1.2 %

Shares of DGRO stock opened at $61.15 on Friday. iShares Core Dividend Growth ETF has a twelve month low of $55.08 and a twelve month high of $65.08. The stock has a market cap of $29.97 billion, a price-to-earnings ratio of 21.26 and a beta of 0.89. The company’s 50-day moving average price is $62.97 and its 200-day moving average price is $62.81.

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.