Assetmark Inc. Trims Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Assetmark Inc. trimmed its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 23.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,683 shares of the company’s stock after selling 45,748 shares during the period. Assetmark Inc.’s holdings in iShares Core Dividend Growth ETF were worth $9,635,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Proathlete Wealth Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at $25,000. Rise Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 1st quarter valued at $27,000. Private Wealth Asset Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at $28,000. Keystone Global Partners LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at $30,000. Finally, Advantage Trust Co purchased a new position in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at $32,000.

iShares Core Dividend Growth ETF Price Performance

DGRO opened at $68.09 on Friday. The company has a fifty day moving average price of $67.72 and a 200-day moving average price of $64.69. The firm has a market capitalization of $34.54 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year high of $69.20.

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.