Mirae Asset Global Investments Co. Ltd. Lowers Stake in iShares Core Dividend Growth ETF $DGRO

Mirae Asset Global Investments Co. Ltd. lowered its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 54.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 49,000 shares of the company’s stock after selling 57,600 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares Core Dividend Growth ETF were worth $3,402,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in DGRO. Brighton Jones LLC raised its position in shares of iShares Core Dividend Growth ETF by 52.5% during the 4th quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock valued at $411,000 after buying an additional 2,304 shares in the last quarter. AQR Capital Management LLC raised its position in shares of iShares Core Dividend Growth ETF by 95.4% during the 1st quarter. AQR Capital Management LLC now owns 13,842 shares of the company’s stock valued at $855,000 after buying an additional 6,758 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of iShares Core Dividend Growth ETF by 114.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,204 shares of the company’s stock valued at $77,000 after buying an additional 643 shares in the last quarter. Glenview Trust co raised its position in iShares Core Dividend Growth ETF by 7.2% in the 2nd quarter. Glenview Trust co now owns 9,516 shares of the company’s stock worth $608,000 after purchasing an additional 637 shares during the period. Finally, Main Street Financial Solutions LLC raised its position in iShares Core Dividend Growth ETF by 2.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 12,191 shares of the company’s stock worth $779,000 after purchasing an additional 305 shares during the period.

iShares Core Dividend Growth ETF Stock Up 0.2%

Shares of NYSEARCA:DGRO opened at $72.92 on Thursday. The stock has a market cap of $39.18 billion, a PE ratio of 19.66 and a beta of 0.80. The company’s fifty day moving average is $71.79 and its 200 day moving average is $70.44. iShares Core Dividend Growth ETF has a 52 week low of $58.44 and a 52 week 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.