Castle Wealth Management LLC Trims Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Castle Wealth Management LLC lessened its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 99,845 shares of the company’s stock after selling 4,492 shares during the period. iShares Core Dividend Growth ETF makes up about 3.2% of Castle Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Castle Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $5,374,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Raleigh Capital Management Inc. bought a new stake in iShares Core Dividend Growth ETF in the third quarter worth $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in iShares Core Dividend Growth ETF during the third quarter worth $27,000. Benjamin Edwards Inc. boosted its stake in iShares Core Dividend Growth ETF by 151.3% during the second quarter. Benjamin Edwards Inc. now owns 573 shares of the company’s stock worth $30,000 after buying an additional 345 shares during the period. Tower Research Capital LLC TRC purchased a new position in iShares Core Dividend Growth ETF during the second quarter worth $33,000. Finally, Phillips Financial Management LLC purchased a new position in iShares Core Dividend Growth ETF during the third quarter worth $37,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO traded up $0.41 on Friday, hitting $55.71. 1,462,521 shares of the stock were exchanged, compared to its average volume of 1,608,759. The stock has a fifty day moving average price of $56.52 and a two-hundred day moving average price of $53.51. The firm has a market capitalization of $26.23 billion, a P/E ratio of 18.84 and a beta of 0.89. iShares Core Dividend Growth ETF has a 52-week low of $47.19 and a 52-week high of $58.19.

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.