Freestate Advisors LLC Sells 9,156 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Freestate Advisors LLC decreased its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 35.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 16,503 shares of the company’s stock after selling 9,156 shares during the period. iShares Core Dividend Growth ETF makes up 1.0% of Freestate Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Freestate Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,020,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Pasadena Private Wealth LLC boosted its holdings in iShares Core Dividend Growth ETF by 1.1% during the fourth quarter. Pasadena Private Wealth LLC now owns 15,236 shares of the company’s stock worth $935,000 after purchasing an additional 161 shares during the last quarter. Tucker Asset Management LLC lifted its position in iShares Core Dividend Growth ETF by 17.2% during the 4th quarter. Tucker Asset Management LLC now owns 1,205 shares of the company’s stock worth $74,000 after buying an additional 177 shares in the last quarter. Ellis Investment Partners LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 0.8% during the 4th quarter. Ellis Investment Partners LLC now owns 22,521 shares of the company’s stock worth $1,381,000 after buying an additional 178 shares during the last quarter. Ancora Advisors LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 2.0% during the 4th quarter. Ancora Advisors LLC now owns 9,097 shares of the company’s stock worth $558,000 after buying an additional 181 shares during the last quarter. Finally, Centaurus Financial Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 1.6% in the 4th quarter. Centaurus Financial Inc. now owns 11,729 shares of the company’s stock valued at $719,000 after acquiring an additional 183 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO opened at $62.28 on Tuesday. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week high of $65.08. The company has a market cap of $30.98 billion, a P/E ratio of 20.04 and a beta of 0.86. The stock’s 50-day simple moving average is $60.08 and its 200 day simple moving average is $61.88.

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.