Park Avenue Securities LLC cut its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report) by 52.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 129,342 shares of the company’s stock after selling 144,023 shares during the period. Park Avenue Securities LLC’s holdings in iShares Core Dividend Growth ETF were worth $7,991,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dunhill Financial LLC boosted its stake in iShares Core Dividend Growth ETF by 300.0% during the fourth quarter. Dunhill Financial LLC now owns 400 shares of the company’s stock valued at $25,000 after buying an additional 300 shares during the last quarter. Accredited Wealth Management LLC bought a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $28,000. Rialto Wealth Management LLC bought a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $33,000. Mpwm Advisory Solutions LLC bought a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $33,000. Finally, Synergy Investment Management LLC bought a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $37,000.
iShares Core Dividend Growth ETF Trading Up 0.8%
Shares of iShares Core Dividend Growth ETF stock opened at $62.83 on Monday. The stock has a 50 day moving average of $60.15 and a 200 day moving average of $61.87. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $65.08. The firm has a market cap of $31.36 billion, a PE ratio of 20.47 and a beta of 0.85.
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.
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Want to see what other hedge funds are holding DGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report).
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