Cedar Wealth Management LLC Has $241,000 Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Cedar Wealth Management LLC trimmed its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 84.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,934 shares of the company’s stock after selling 21,835 shares during the quarter. Cedar Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $241,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of DGRO. Commerce Bank lifted its stake in shares of iShares Core Dividend Growth ETF by 4.2% in the third quarter. Commerce Bank now owns 7,539 shares of the company’s stock worth $473,000 after buying an additional 301 shares during the last quarter. Citizens Financial Group Inc. RI bought a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at $589,000. Concorde Asset Management LLC bought a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at $212,000. Nwam LLC bought a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at $241,000. Finally, Flagstar Advisors Inc. boosted its holdings in iShares Core Dividend Growth ETF by 0.5% in the 3rd quarter. Flagstar Advisors Inc. now owns 249,902 shares of the company’s stock valued at $15,666,000 after purchasing an additional 1,171 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $61.52 on Friday. iShares Core Dividend Growth ETF has a fifty-two week low of $55.08 and a fifty-two week high of $65.08. The firm has a fifty day moving average price of $62.97 and a two-hundred day moving average price of $62.78. The company has a market cap of $30.15 billion, a PE ratio of 21.26 and a beta of 0.89.

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.