iShares Core Dividend Growth ETF (NYSEARCA:DGRO) is Sterling Manor Financial LLC’s Largest Position

Sterling Manor Financial LLC lowered its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 7.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 329,165 shares of the company’s stock after selling 27,022 shares during the period. iShares Core Dividend Growth ETF accounts for 14.0% of Sterling Manor Financial LLC’s portfolio, making the stock its largest holding. Sterling Manor Financial LLC’s holdings in iShares Core Dividend Growth ETF were worth $20,635,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of DGRO. Tsfg LLC grew its holdings in iShares Core Dividend Growth ETF by 104.1% in the 2nd quarter. Tsfg LLC now owns 496 shares of the company’s stock valued at $29,000 after buying an additional 253 shares during the last quarter. ZRC Wealth Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 1st quarter worth approximately $44,000. Bfsg LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth $61,000. Quent Capital LLC raised its stake in shares of iShares Core Dividend Growth ETF by 49,900.0% in the third quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock worth $63,000 after acquiring an additional 998 shares during the last quarter. Finally, Ridgewood Investments LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the 2nd quarter valued at $68,000.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO traded up $0.26 during mid-day trading on Monday, hitting $62.77. The company’s stock had a trading volume of 387,832 shares, compared to its average volume of 1,414,778. The company’s fifty day simple moving average is $62.18 and its 200-day simple moving average is $59.38. iShares Core Dividend Growth ETF has a one year low of $47.53 and a one year high of $64.00. The stock has a market cap of $29.72 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.