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

Brookstone Capital Management reduced its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,759 shares of the company’s stock after selling 655 shares during the period. Brookstone Capital Management’s holdings in iShares Core Dividend Growth ETF were worth $1,379,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Flagstar Advisors Inc. grew its position in iShares Core Dividend Growth ETF by 1.0% during the first quarter. Flagstar Advisors Inc. now owns 248,620 shares of the company’s stock worth $14,435,000 after buying an additional 2,348 shares in the last quarter. Kingswood Wealth Advisors LLC increased its position in shares of iShares Core Dividend Growth ETF by 18.7% in the first quarter. Kingswood Wealth Advisors LLC now owns 18,784 shares of the company’s stock worth $1,091,000 after purchasing an additional 2,963 shares during the last quarter. Altus Wealth Management LLC raised its stake in iShares Core Dividend Growth ETF by 1.3% in the first quarter. Altus Wealth Management LLC now owns 410,858 shares of the company’s stock valued at $23,854,000 after purchasing an additional 5,196 shares in the last quarter. West Paces Advisors Inc. purchased a new position in iShares Core Dividend Growth ETF in the first quarter worth $551,000. Finally, Dynamic Advisor Solutions LLC increased its stake in iShares Core Dividend Growth ETF by 3.4% in the first quarter. Dynamic Advisor Solutions LLC now owns 270,104 shares of the company’s stock valued at $15,682,000 after acquiring an additional 9,001 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.1 %

NYSEARCA DGRO opened at $57.64 on Friday. iShares Core Dividend Growth ETF has a twelve month low of $47.19 and a twelve month high of $58.61. The stock’s 50-day simple moving average is $57.35 and its two-hundred day simple moving average is $56.06. The company has a market capitalization of $27.29 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.