Patriot Financial Group Insurance Agency LLC Has $9.23 Million Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Patriot Financial Group Insurance Agency LLC reduced its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 149,375 shares of the company’s stock after selling 9,714 shares during the period. iShares Core Dividend Growth ETF accounts for approximately 1.2% of Patriot Financial Group Insurance Agency LLC’s investment portfolio, making the stock its 11th biggest holding. Patriot Financial Group Insurance Agency LLC’s holdings in iShares Core Dividend Growth ETF were worth $9,228,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of DGRO. Bank of America Corp DE lifted its position in shares of iShares Core Dividend Growth ETF by 3.9% during the 4th quarter. Bank of America Corp DE now owns 18,265,578 shares of the company’s stock worth $1,120,411,000 after buying an additional 679,471 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares Core Dividend Growth ETF by 10.4% during the 4th quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock worth $905,150,000 after buying an additional 1,392,383 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth approximately $616,824,000. Commonwealth Equity Services LLC lifted its stake in iShares Core Dividend Growth ETF by 9.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 7,766,539 shares of the company’s stock valued at $476,399,000 after purchasing an additional 673,044 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of iShares Core Dividend Growth ETF by 17.7% in the fourth quarter. Wells Fargo & Company MN now owns 6,198,943 shares of the company’s stock valued at $380,243,000 after buying an additional 932,713 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $62.83 on Friday. The stock has a market cap of $31.36 billion, a PE ratio of 20.47 and a beta of 0.85. iShares Core Dividend Growth ETF has a fifty-two week low of $54.09 and a fifty-two week high of $65.08. The stock has a fifty day moving average of $60.15 and a 200-day moving average of $61.88.

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.