Pineridge Advisors LLC Has $54,000 Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Pineridge Advisors LLC lowered its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 32.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 937 shares of the company’s stock after selling 457 shares during the quarter. Pineridge Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $54,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Cetera Investment Advisers increased its holdings in iShares Core Dividend Growth ETF by 319.5% during the first quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock worth $111,616,000 after buying an additional 1,464,167 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of iShares Core Dividend Growth ETF by 11.0% in the fourth quarter. Wells Fargo & Company MN now owns 5,252,724 shares of the company’s stock worth $282,702,000 after acquiring an additional 518,671 shares during the last quarter. Sweeney & Michel LLC bought a new position in iShares Core Dividend Growth ETF in the 1st quarter valued at approximately $20,180,000. Oppenheimer & Co. Inc. increased its position in iShares Core Dividend Growth ETF by 187.3% during the 4th quarter. Oppenheimer & Co. Inc. now owns 438,752 shares of the company’s stock valued at $23,614,000 after purchasing an additional 286,061 shares during the period. Finally, JGP Wealth Management LLC acquired a new stake in iShares Core Dividend Growth ETF during the 2nd quarter valued at approximately $15,325,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock traded up $0.57 during trading hours on Friday, hitting $61.44. 1,391,184 shares of the company were exchanged, compared to its average volume of 1,421,708. The firm has a market cap of $29.09 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a fifty-two week low of $47.19 and a fifty-two week high of $61.47. The company has a 50 day simple moving average of $58.96 and a two-hundred day simple moving average of $57.57.

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.