Eastern Bank Has $7.30 Million Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Eastern Bank trimmed its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,435 shares of the company’s stock after selling 924 shares during the quarter. Eastern Bank’s holdings in iShares Core Dividend Growth ETF were worth $7,299,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DGRO. Tsfg LLC boosted its holdings in iShares Core Dividend Growth ETF by 104.1% during the second quarter. Tsfg LLC now owns 496 shares of the company’s stock worth $29,000 after buying an additional 253 shares during the last quarter. ZRC Wealth Management LLC bought a new position in iShares Core Dividend Growth ETF during the first quarter worth about $44,000. Bfsg LLC bought a new position in iShares Core Dividend Growth ETF during the third quarter worth about $61,000. Quent Capital LLC boosted its holdings in iShares Core Dividend Growth ETF by 49,900.0% during the third quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock worth $63,000 after buying an additional 998 shares during the last quarter. Finally, Ridgewood Investments LLC bought a new position in iShares Core Dividend Growth ETF during the second quarter worth about $68,000.

iShares Core Dividend Growth ETF Trading Down 0.1 %

Shares of NYSEARCA:DGRO traded down $0.04 during trading on Tuesday, hitting $63.28. 984,515 shares of the company’s stock traded hands, compared to its average volume of 1,396,936. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $64.00. The company has a market cap of $29.96 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company has a 50-day moving average price of $61.95 and a 200-day moving average price of $59.21.

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.