Creative Financial Designs Inc. ADV Sells 1,161 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Creative Financial Designs Inc. ADV cut its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 40,730 shares of the company’s stock after selling 1,161 shares during the period. Creative Financial Designs Inc. ADV’s holdings in iShares Core Dividend Growth ETF were worth $2,498,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Counterweight Ventures LLC grew its position in iShares Core Dividend Growth ETF by 1.3% in the 4th quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock worth $1,658,000 after purchasing an additional 349 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter worth $3,573,000. Ranch Capital Advisors Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 1.7% in the fourth quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock worth $1,143,000 after acquiring an additional 317 shares during the period. World Investment Advisors LLC increased its position in iShares Core Dividend Growth ETF by 45.8% during the third quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock valued at $2,323,000 after acquiring an additional 11,634 shares during the last quarter. Finally, Sterling Wealth Advisors Inc bought a new position in iShares Core Dividend Growth ETF in the fourth quarter valued at about $1,969,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO opened at $61.54 on Monday. The stock’s 50-day simple moving average is $62.91 and its two-hundred day simple moving average is $62.79. The stock has a market capitalization of $30.15 billion, a price-to-earnings ratio of 22.22 and a beta of 0.89. iShares Core Dividend Growth ETF has a 52-week low of $55.08 and a 52-week high of $65.08.

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.