Princeton Global Asset Management LLC Has $10.54 Million Stake in iShares Core Dividend Growth ETF $DGRO

Princeton Global Asset Management LLC decreased its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 22.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 150,142 shares of the company’s stock after selling 44,255 shares during the quarter. iShares Core Dividend Growth ETF accounts for about 1.7% of Princeton Global Asset Management LLC’s investment portfolio, making the stock its 12th biggest position. Princeton Global Asset Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $10,537,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Opulen Financial Group LLC increased its stake in iShares Core Dividend Growth ETF by 0.7% during the fourth quarter. Opulen Financial Group LLC now owns 19,879 shares of the company’s stock valued at $1,380,000 after acquiring an additional 136 shares during the period. Dakota Wealth Management lifted its position in shares of iShares Core Dividend Growth ETF by 3.3% in the 4th quarter. Dakota Wealth Management now owns 4,755 shares of the company’s stock worth $330,000 after acquiring an additional 150 shares during the period. Huntleigh Advisors Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 4.3% during the 4th quarter. Huntleigh Advisors Inc. now owns 3,610 shares of the company’s stock worth $251,000 after purchasing an additional 150 shares in the last quarter. Centerpoint Advisory Group grew its holdings in shares of iShares Core Dividend Growth ETF by 0.4% during the 4th quarter. Centerpoint Advisory Group now owns 35,329 shares of the company’s stock worth $2,453,000 after purchasing an additional 153 shares in the last quarter. Finally, Round Rock Advisors LLC increased its position in shares of iShares Core Dividend Growth ETF by 1.5% during the fourth quarter. Round Rock Advisors LLC now owns 10,798 shares of the company’s stock valued at $750,000 after purchasing an additional 155 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $75.80 on Monday. The firm has a fifty day moving average of $74.22 and a 200-day moving average of $72.33. The stock has a market cap of $40.79 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 52-week low of $63.36 and a 52-week high of $76.24.

About iShares Core Dividend Growth ETF

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.