Midwest Trust Co Decreases Position in iShares Core Dividend Growth ETF $DGRO

Midwest Trust Co reduced its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 38.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,125 shares of the company’s stock after selling 6,980 shares during the quarter. Midwest Trust Co’s holdings in iShares Core Dividend Growth ETF were worth $757,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its position in iShares Core Dividend Growth ETF by 42.4% in the second quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock valued at $865,424,000 after acquiring an additional 4,028,341 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of iShares Core Dividend Growth ETF by 16.4% in the third quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock valued at $583,076,000 after purchasing an additional 1,211,980 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of iShares Core Dividend Growth ETF by 15.8% in the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after purchasing an additional 1,080,418 shares during the period. MML Investors Services LLC grew its holdings in iShares Core Dividend Growth ETF by 25.9% during the 2nd quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock valued at $289,967,000 after purchasing an additional 934,207 shares in the last quarter. Finally, Hughes Financial Services LLC increased its stake in iShares Core Dividend Growth ETF by 86,423.7% during the 2nd quarter. Hughes Financial Services LLC now owns 591,822 shares of the company’s stock worth $38,356,000 after buying an additional 591,138 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $73.28 on Friday. The company’s fifty day moving average price is $70.95 and its two-hundred day moving average price is $68.67. The firm has a market capitalization of $38.26 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $74.28.

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.