Fiduciary Group LLC Reduces Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Fiduciary Group LLC lessened its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,301 shares of the company’s stock after selling 1,115 shares during the period. Fiduciary Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,061,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Raleigh Capital Management Inc. acquired a new stake in iShares Core Dividend Growth ETF in the third quarter valued at $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth about $27,000. Phillips Financial Management LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the third quarter worth approximately $37,000. BluePath Capital Management LLC purchased a new stake in iShares Core Dividend Growth ETF in the third quarter valued at approximately $44,000. Finally, Parkside Financial Bank & Trust acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter worth approximately $45,000.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO traded down $0.08 during trading hours on Friday, reaching $56.34. 1,020,871 shares of the company were exchanged, compared to its average volume of 1,582,757. iShares Core Dividend Growth ETF has a 52-week low of $47.19 and a 52-week high of $58.19. The stock has a 50 day simple moving average of $56.64 and a 200 day simple moving average of $53.82. The firm has a market cap of $26.53 billion, a price-to-earnings ratio of 18.84 and a beta of 0.89.

iShares Core Dividend Growth ETF 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.