Park Avenue Securities LLC Cuts Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Park Avenue Securities LLC decreased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 273,365 shares of the company’s stock after selling 10,969 shares during the period. Park Avenue Securities LLC owned about 0.06% of iShares Core Dividend Growth ETF worth $16,768,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC lifted its stake in iShares Core Dividend Growth ETF by 3.2% during the 3rd quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after acquiring an additional 413,083 shares during the period. PNC Financial Services Group Inc. lifted its holdings in iShares Core Dividend Growth ETF by 1.4% in the third quarter. PNC Financial Services Group Inc. now owns 7,842,422 shares of the company’s stock valued at $491,641,000 after acquiring an additional 108,051 shares during the period. Capital Investment Advisors LLC boosted its position in iShares Core Dividend Growth ETF by 2.5% in the fourth quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock worth $459,778,000 after purchasing an additional 180,448 shares during the last quarter. MML Investors Services LLC grew its stake in shares of iShares Core Dividend Growth ETF by 20.4% during the 3rd quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock valued at $238,032,000 after purchasing an additional 644,193 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of iShares Core Dividend Growth ETF by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,304,969 shares of the company’s stock worth $207,189,000 after purchasing an additional 130,763 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.6 %

Shares of NYSEARCA DGRO opened at $61.28 on Wednesday. iShares Core Dividend Growth ETF has a 12-month low of $53.11 and a 12-month high of $65.08. The firm has a market capitalization of $29.01 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The firm has a 50 day moving average of $62.87 and a 200 day moving average of $61.65.

iShares Core Dividend Growth ETF Company 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.