Berger Financial Group Inc Cuts Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Berger Financial Group Inc cut its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 5.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,167 shares of the company’s stock after selling 300 shares during the quarter. Berger Financial Group Inc’s holdings in iShares Core Dividend Growth ETF were worth $266,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of DGRO. Eukles Asset Management acquired a new position in shares of iShares Core Dividend Growth ETF during the 2nd quarter worth $27,000. Glass Jacobson Investment Advisors llc purchased a new position in iShares Core Dividend Growth ETF in the second quarter valued at about $29,000. Central Bank & Trust Co. purchased a new position in iShares Core Dividend Growth ETF in the second quarter valued at about $30,000. Ruedi Wealth Management Inc. acquired a new stake in shares of iShares Core Dividend Growth ETF in the 1st quarter worth approximately $29,000. Finally, Fiduciary Alliance LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the 2nd quarter worth approximately $35,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $50.81 on Thursday. The stock has a market cap of $23.51 billion, a PE ratio of 15.16 and a beta of 0.89. iShares Core Dividend Growth ETF has a 1 year low of $47.19 and a 1 year high of $53.55. The stock has a fifty day moving average price of $49.76 and a 200 day moving average price of $50.67.

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.