Essex Financial Services Inc. Trims Stake in iShares Core Dividend Growth ETF $DGRO

Essex Financial Services Inc. reduced its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.6% during the first quarter, Holdings Channel.com reports. The firm owned 144,330 shares of the company’s stock after selling 6,993 shares during the quarter. Essex Financial Services Inc.’s holdings in iShares Core Dividend Growth ETF were worth $10,129,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Opulen Financial Group LLC increased its position in iShares Core Dividend Growth ETF by 0.7% in the fourth quarter. Opulen Financial Group LLC now owns 19,879 shares of the company’s stock worth $1,380,000 after buying an additional 136 shares in the last quarter. Dakota Wealth Management raised its stake in shares of iShares Core Dividend Growth ETF by 3.3% in the fourth quarter. Dakota Wealth Management now owns 4,755 shares of the company’s stock worth $330,000 after buying an additional 150 shares during the period. Huntleigh Advisors Inc. lifted its position 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 valued at $251,000 after buying an additional 150 shares in the last quarter. Centerpoint Advisory Group lifted its position 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 valued at $2,453,000 after buying an additional 153 shares in the last quarter. Finally, Round Rock Advisors LLC lifted its position in shares of iShares Core Dividend Growth ETF by 1.5% during the 4th quarter. Round Rock Advisors LLC now owns 10,798 shares of the company’s stock valued at $750,000 after buying an additional 155 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.4%

Shares of NYSEARCA:DGRO opened at $76.10 on Thursday. The stock has a 50 day moving average of $74.40 and a 200 day moving average of $72.46. The company has a market cap of $41.36 billion, a PE ratio of 19.66 and a beta of 0.76. iShares Core Dividend Growth ETF has a 12-month low of $63.76 and a 12-month high of $76.50.

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.