Brookstone Capital Management Cuts Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Brookstone Capital Management decreased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,070 shares of the company’s stock after selling 478 shares during the quarter. Brookstone Capital Management’s holdings in iShares Core Dividend Growth ETF were worth $1,538,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Adell Harriman & Carpenter Inc. lifted its position in iShares Core Dividend Growth ETF by 1.6% in the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock worth $665,000 after buying an additional 170 shares during the last quarter. Empire Financial Management Company LLC lifted its position in iShares Core Dividend Growth ETF by 2.7% in the 3rd quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock worth $405,000 after buying an additional 171 shares during the last quarter. GSG Advisors LLC lifted its position in iShares Core Dividend Growth ETF by 0.5% in the 3rd quarter. GSG Advisors LLC now owns 35,815 shares of the company’s stock worth $2,238,000 after buying an additional 186 shares during the last quarter. Eastover Investment Advisors LLC lifted its position in iShares Core Dividend Growth ETF by 2.1% in the 4th quarter. Eastover Investment Advisors LLC now owns 9,123 shares of the company’s stock worth $560,000 after buying an additional 192 shares during the last quarter. Finally, Alta Wealth Advisors LLC lifted its position in iShares Core Dividend Growth ETF by 2.6% in the 3rd quarter. Alta Wealth Advisors LLC now owns 7,693 shares of the company’s stock worth $482,000 after buying an additional 194 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO opened at $61.98 on Thursday. The business has a 50 day moving average of $62.87 and a 200 day moving average of $61.65. The company has a market capitalization of $29.34 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1-year low of $53.11 and a 1-year high of $65.08.

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.