iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC trimmed its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 18.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,524 shares of the company’s stock after selling 1,436 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $400,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Truvestments Capital LLC bought a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at about $28,000. Ulland Investment Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $27,000. Rialto Wealth Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter worth approximately $33,000. Y.D. More Investments Ltd acquired a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter worth approximately $33,000. Finally, Synergy Investment Management LLC bought a new position in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $37,000.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $62.18 on Tuesday. iShares Core Dividend Growth ETF has a 1-year low of $55.08 and a 1-year high of $65.08. The business’s fifty day moving average price is $62.92 and its two-hundred day moving average price is $62.79. The company has a market capitalization of $30.47 billion, a P/E ratio of 21.26 and a beta of 0.89.

iShares Core Dividend Growth ETF 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.