Advisory Alpha LLC Decreases Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Advisory Alpha LLC cut its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 31,543 shares of the company’s stock after selling 168 shares during the quarter. Advisory Alpha LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,935,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DGRO. Truvestments Capital LLC bought a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $28,000. Ulland Investment Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $27,000. Tompkins Financial Corp bought a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth $41,000. SWAN Capital LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the third quarter valued at $50,000. Finally, Bfsg LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at $61,000.

iShares Core Dividend Growth ETF Stock Up 0.8 %

Shares of NYSEARCA DGRO opened at $63.11 on Wednesday. The business has a 50-day simple moving average of $62.72 and a two-hundred day simple moving average of $61.82. iShares Core Dividend Growth ETF has a 52 week low of $54.10 and a 52 week high of $65.08. The company has a market cap of $29.88 billion, a P/E 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.