Thrivent Financial for Lutherans Reduces Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Thrivent Financial for Lutherans decreased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 14.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 123,996 shares of the company’s stock after selling 20,787 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Core Dividend Growth ETF were worth $7,853,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of DGRO. Custos Family Office LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 5.7% during the fourth quarter. Custos Family Office LLC now owns 283,009 shares of the company’s stock valued at $17,360,000 after purchasing an additional 15,199 shares during the last quarter. Argent Advisors Inc. grew its position in iShares Core Dividend Growth ETF by 4.3% in the 4th quarter. Argent Advisors Inc. now owns 184,632 shares of the company’s stock worth $11,325,000 after purchasing an additional 7,579 shares during the period. Flagship Wealth Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at $5,744,000. Clearwater Capital Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at $428,000. Finally, SouthState Corp lifted its holdings in shares of iShares Core Dividend Growth ETF by 50.1% during the 4th quarter. SouthState Corp now owns 25,611 shares of the company’s stock valued at $1,571,000 after buying an additional 8,550 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO opened at $61.52 on Monday. The firm has a market capitalization of $30.15 billion, a P/E ratio of 21.26 and a beta of 0.89. iShares Core Dividend Growth ETF has a one year low of $55.08 and a one year high of $65.08. The business has a fifty day moving average of $62.97 and a 200 day moving average of $62.79.

iShares Core Dividend Growth ETF Company 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.