Summit Investment Advisory Services LLC Has $22.57 Million Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Summit Investment Advisory Services LLC lowered its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 367,949 shares of the company’s stock after selling 5,831 shares during the quarter. iShares Core Dividend Growth ETF comprises 11.6% of Summit Investment Advisory Services LLC’s portfolio, making the stock its 3rd largest position. Summit Investment Advisory Services LLC owned approximately 0.08% of iShares Core Dividend Growth ETF worth $22,570,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC raised its position in shares of iShares Core Dividend Growth ETF by 3.2% during the 3rd quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after acquiring an additional 413,083 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in iShares Core Dividend Growth ETF by 1.4% during the third quarter. PNC Financial Services Group Inc. now owns 7,842,422 shares of the company’s stock valued at $491,641,000 after purchasing an additional 108,051 shares during the last quarter. Capital Investment Advisors LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 2.5% during the fourth quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock worth $459,778,000 after purchasing an additional 180,448 shares during the period. MML Investors Services LLC lifted its position in shares of iShares Core Dividend Growth ETF by 20.4% in the 3rd quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after buying an additional 644,193 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of iShares Core Dividend Growth ETF by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,304,969 shares of the company’s stock valued at $207,189,000 after buying an additional 130,763 shares during the period.

iShares Core Dividend Growth ETF Stock Down 0.0 %

DGRO opened at $63.33 on Friday. The company’s 50-day moving average price is $62.71 and its 200 day moving average price is $61.90. iShares Core Dividend Growth ETF has a fifty-two week low of $54.31 and a fifty-two week high of $65.08. The firm has a market cap of $29.98 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.