Northeast Financial Group Inc. Has $1.61 Million Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Northeast Financial Group Inc. decreased its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 40.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,676 shares of the company’s stock after selling 17,499 shares during the period. Northeast Financial Group Inc.’s holdings in iShares Core Dividend Growth ETF were worth $1,610,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Cetera Investment Advisers grew its stake in shares of 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 valued at $111,616,000 after purchasing an additional 1,464,167 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in shares of iShares Core Dividend Growth ETF by 1,953.2% during the second quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock worth $741,000 after purchasing an additional 1,223,349 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares Core Dividend Growth ETF by 8.8% during the second quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock worth $746,096,000 after purchasing an additional 1,047,837 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF during the second quarter worth $45,148,000. Finally, Smith Anglin Financial LLC boosted its position in shares of iShares Core Dividend Growth ETF by 78.4% during the third quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock worth $84,424,000 after purchasing an additional 591,701 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.6 %

Shares of NYSEARCA:DGRO opened at $62.98 on Friday. iShares Core Dividend Growth ETF has a 12 month low of $50.54 and a 12 month high of $64.52. The company’s fifty day simple moving average is $62.70 and its 200 day simple moving average is $60.07. The firm has a market cap of $29.82 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.