Centurion Wealth Management LLC Lowers Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Centurion Wealth Management LLC reduced its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,010 shares of the company’s stock after selling 1,683 shares during the quarter. iShares Core Dividend Growth ETF comprises about 0.8% of Centurion Wealth Management LLC’s investment portfolio, making the stock its 26th biggest position. Centurion Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,777,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in DGRO. Raleigh Capital Management Inc. acquired a new stake in iShares Core Dividend Growth ETF during the third quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in iShares Core Dividend Growth ETF in the third quarter valued at approximately $27,000. Benjamin Edwards Inc. lifted its position in iShares Core Dividend Growth ETF by 151.3% during the second quarter. Benjamin Edwards Inc. now owns 573 shares of the company’s stock valued at $30,000 after buying an additional 345 shares in the last quarter. Tower Research Capital LLC TRC acquired a new position in iShares Core Dividend Growth ETF during the second quarter valued at approximately $33,000. Finally, Phillips Financial Management LLC purchased a new stake in iShares Core Dividend Growth ETF during the third quarter worth approximately $37,000.

iShares Core Dividend Growth ETF Stock Up 0.6 %

Shares of DGRO stock traded up $0.36 during mid-day trading on Friday, reaching $57.13. The company’s stock had a trading volume of 1,587,674 shares, compared to its average volume of 1,598,768. The firm has a market capitalization of $26.44 billion, a PE ratio of 15.16 and a beta of 0.89. The company’s 50 day simple moving average is $56.30 and its 200-day simple moving average is $53.10. iShares Core Dividend Growth ETF has a 12-month low of $47.19 and a 12-month high of $58.19.

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.