iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Sold by Titleist Asset Management LLC

Titleist Asset Management LLC lessened its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 11.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 20,005 shares of the company’s stock after selling 2,564 shares during the quarter. Titleist Asset Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,227,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Ulland Investment Advisors LLC acquired a new position in iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $27,000. Y.D. More Investments Ltd acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at approximately $33,000. Rialto Wealth Management LLC acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at approximately $33,000. Synergy Investment Management LLC bought a new position in iShares Core Dividend Growth ETF during the 4th quarter worth $37,000. Finally, Tompkins Financial Corp acquired a new stake in iShares Core Dividend Growth ETF in the fourth quarter worth $41,000.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $56.43 on Friday. The stock’s fifty day moving average is $62.69 and its two-hundred day moving average is $62.76. The stock has a market capitalization of $27.77 billion, a price-to-earnings ratio of 20.41 and a beta of 0.86. iShares Core Dividend Growth ETF has a 1 year low of $55.08 and a 1 year high of $65.08.

About iShares Core Dividend Growth ETF

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.