Mutual Advisors LLC Reduces Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Mutual Advisors LLC decreased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 11.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 208,052 shares of the company’s stock after selling 26,126 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $12,957,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DGRO. Lincoln Capital LLC raised its stake in iShares Core Dividend Growth ETF by 1.7% during the 4th quarter. Lincoln Capital LLC now owns 10,020 shares of the company’s stock worth $615,000 after acquiring an additional 168 shares in the last quarter. Adell Harriman & Carpenter Inc. grew its stake in iShares Core Dividend Growth ETF by 1.6% during the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock worth $665,000 after buying an additional 170 shares during the last quarter. Empire Financial Management Company LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 2.7% in the third quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock valued at $405,000 after acquiring an additional 171 shares during the period. GSG Advisors LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 0.5% in the 3rd quarter. GSG Advisors LLC now owns 35,815 shares of the company’s stock valued at $2,238,000 after acquiring an additional 186 shares during the period. Finally, Eastover Investment Advisors LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 2.1% in the 4th quarter. Eastover Investment Advisors LLC now owns 9,123 shares of the company’s stock valued at $560,000 after acquiring an additional 192 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $62.90 on Thursday. The stock has a market cap of $29.78 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1-year low of $54.16 and a 1-year high of $65.08. The firm has a fifty day moving average price of $62.71 and a 200 day moving average price of $61.83.

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.