Gouws Capital LLC Sells 7,443 Shares of iShares Core Dividend Growth ETF $DGRO

Gouws Capital LLC cut its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 26.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 20,242 shares of the company’s stock after selling 7,443 shares during the quarter. iShares Core Dividend Growth ETF makes up approximately 0.7% of Gouws Capital LLC’s portfolio, making the stock its 22nd biggest holding. Gouws Capital LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,526,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in DGRO. Envestnet Asset Management Inc. grew its holdings in iShares Core Dividend Growth ETF by 4.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,099,887 shares of the company’s stock worth $841,260,000 after acquiring an additional 472,809 shares in the last quarter. Ferguson Wellman Capital Management Inc. bought a new position in shares of iShares Core Dividend Growth ETF during the third quarter worth about $1,249,000. Accel Wealth Management grew its stake in iShares Core Dividend Growth ETF by 6.6% in the second quarter. Accel Wealth Management now owns 258,988 shares of the company’s stock worth $19,629,000 after purchasing an additional 15,988 shares in the last quarter. Ameritas Advisory Services LLC increased its holdings in iShares Core Dividend Growth ETF by 538.4% in the second quarter. Ameritas Advisory Services LLC now owns 135,126 shares of the company’s stock valued at $10,241,000 after buying an additional 113,961 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its stake in iShares Core Dividend Growth ETF by 84.2% during the second quarter. Concurrent Investment Advisors LLC now owns 197,951 shares of the company’s stock valued at $15,003,000 after buying an additional 90,503 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.5%

Shares of DGRO traded up $0.38 during mid-day trading on Friday, hitting $77.26. The stock had a trading volume of 623,015 shares, compared to its average volume of 1,849,103. iShares Core Dividend Growth ETF has a fifty-two week low of $66.92 and a fifty-two week high of $80.58. The company has a market cap of $43.05 billion, a PE ratio of 19.66 and a beta of 0.76. The company’s fifty day simple moving average is $78.21 and its two-hundred day simple moving average is $75.68.

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.