Silver Coast Investments LLC Sells 8,773 Shares of iShares Core Dividend Growth ETF $DGRO

Silver Coast Investments LLC lessened its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 429,187 shares of the company’s stock after selling 8,773 shares during the quarter. iShares Core Dividend Growth ETF comprises 10.0% of Silver Coast Investments LLC’s portfolio, making the stock its 2nd largest holding. Silver Coast Investments LLC’s holdings in iShares Core Dividend Growth ETF were worth $29,219,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in DGRO. Brighton Jones LLC raised its holdings in iShares Core Dividend Growth ETF by 52.5% in the fourth quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock valued at $411,000 after acquiring an additional 2,304 shares in the last quarter. AQR Capital Management LLC increased its position in shares of iShares Core Dividend Growth ETF by 95.4% in the 1st quarter. AQR Capital Management LLC now owns 13,842 shares of the company’s stock valued at $855,000 after purchasing an additional 6,758 shares during the last quarter. Diversified Trust Co increased its position in shares of iShares Core Dividend Growth ETF by 5.3% in the 2nd quarter. Diversified Trust Co now owns 9,598 shares of the company’s stock valued at $614,000 after purchasing an additional 487 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 10.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 24,899 shares of the company’s stock valued at $1,592,000 after purchasing an additional 2,448 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its position in shares of iShares Core Dividend Growth ETF by 38.7% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 12,709 shares of the company’s stock worth $813,000 after purchasing an additional 3,547 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 1.4%

Shares of DGRO stock opened at $70.52 on Wednesday. The company has a market cap of $36.65 billion, a P/E ratio of 19.66 and a beta of 0.84. The firm has a fifty day moving average price of $69.71 and a 200 day moving average price of $67.83. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $71.66.

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.