Stokes Family Office LLC Sells 2,322 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Stokes Family Office LLC lowered its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 31,276 shares of the company’s stock after selling 2,322 shares during the period. Stokes Family Office LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,683,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of DGRO. Pinnacle Associates Ltd. boosted its position in iShares Core Dividend Growth ETF by 1.7% during the 3rd quarter. Pinnacle Associates Ltd. now owns 64,170 shares of the company’s stock valued at $3,178,000 after buying an additional 1,050 shares during the period. Raymond James & Associates boosted its holdings in shares of iShares Core Dividend Growth ETF by 1.0% during the third quarter. Raymond James & Associates now owns 1,798,517 shares of the company’s stock worth $89,081,000 after purchasing an additional 18,387 shares during the period. Simon Quick Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the third quarter worth about $293,000. Legacy Financial Group LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the third quarter worth about $65,000. Finally, Bank of New York Mellon Corp increased its holdings in iShares Core Dividend Growth ETF by 1.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 983,493 shares of the company’s stock valued at $48,712,000 after purchasing an additional 17,524 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.8 %

NYSEARCA DGRO traded up $0.46 on Friday, hitting $56.49. The company’s stock had a trading volume of 1,357,771 shares, compared to its average volume of 1,597,369. The firm has a market cap of $26.60 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. The company’s 50-day simple moving average is $56.67 and its 200 day simple moving average is $53.95.

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.