Bessemer Group Inc. Sells 1,710 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Bessemer Group Inc. reduced its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 57.2% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,277 shares of the company’s stock after selling 1,710 shares during the quarter. Bessemer Group Inc.’s holdings in iShares Core Dividend Growth ETF were worth $79,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Dunhill Financial LLC increased its stake in iShares Core Dividend Growth ETF by 300.0% in the 4th quarter. Dunhill Financial LLC now owns 400 shares of the company’s stock worth $25,000 after acquiring an additional 300 shares during the last quarter. Sound Income Strategies LLC increased its position in shares of iShares Core Dividend Growth ETF by 235.2% during the 1st quarter. Sound Income Strategies LLC now owns 409 shares of the company’s stock valued at $25,000 after purchasing an additional 287 shares during the last quarter. Accredited Wealth Management LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $28,000. JFS Wealth Advisors LLC increased its position in shares of iShares Core Dividend Growth ETF by 60.7% during the 1st quarter. JFS Wealth Advisors LLC now owns 495 shares of the company’s stock valued at $31,000 after purchasing an additional 187 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $33,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $65.22 on Friday. The firm has a market cap of $32.63 billion, a price-to-earnings ratio of 19.66 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 $65.37. The firm has a 50 day moving average price of $62.11 and a 200-day moving average price of $61.78.

iShares Core Dividend Growth ETF Company 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.