Arrowroot Family Office LLC Sells 2,882 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Arrowroot Family Office LLC trimmed its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 27.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,629 shares of the company’s stock after selling 2,882 shares during the quarter. Arrowroot Family Office LLC’s holdings in iShares Core Dividend Growth ETF were worth $468,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Counterweight Ventures LLC raised its holdings in iShares Core Dividend Growth ETF by 1.3% in the 4th quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock valued at $1,658,000 after acquiring an additional 349 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter worth approximately $3,573,000. Ranch Capital Advisors Inc. lifted its holdings in iShares Core Dividend Growth ETF by 1.7% during the 4th quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock worth $1,143,000 after purchasing an additional 317 shares during the last quarter. World Investment Advisors LLC boosted its stake in iShares Core Dividend Growth ETF by 45.8% in the 3rd quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock valued at $2,323,000 after purchasing an additional 11,634 shares during the period. Finally, Sterling Wealth Advisors Inc acquired a new position in iShares Core Dividend Growth ETF in the 4th quarter valued at $1,969,000.

iShares Core Dividend Growth ETF Stock Performance

DGRO opened at $60.79 on Friday. The stock has a fifty day moving average of $60.38 and a 200-day moving average of $62.13. The company has a market capitalization of $30.10 billion, a P/E ratio of 19.90 and a beta of 0.86. iShares Core Dividend Growth ETF has a fifty-two week low of $54.09 and a fifty-two week high of $65.08.

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.