Park Avenue Securities LLC Cuts Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Park Avenue Securities LLC decreased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 273,365 shares of the company’s stock after selling 10,969 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Core Dividend Growth ETF were worth $16,768,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Truvestments Capital LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the third quarter worth about $28,000. SWAN Capital LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the third quarter valued at $50,000. Bfsg LLC purchased a new stake in iShares Core Dividend Growth ETF during the third quarter valued at $61,000. Quent Capital LLC lifted its position in iShares Core Dividend Growth ETF by 49,900.0% during the third quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock valued at $63,000 after purchasing an additional 998 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth about $105,000.

iShares Core Dividend Growth ETF Trading Up 0.6 %

DGRO opened at $61.28 on Wednesday. The stock has a 50-day moving average of $62.87 and a 200 day moving average of $61.65. iShares Core Dividend Growth ETF has a 12 month low of $53.11 and a 12 month high of $65.08. The firm has a market cap of $29.01 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.