Sowa Financial Group Inc. Sells 6,748 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sowa Financial Group Inc. cut its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 19.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,805 shares of the company’s stock after selling 6,748 shares during the period. iShares Core Dividend Growth ETF makes up 1.1% of Sowa Financial Group Inc.’s portfolio, making the stock its 16th largest position. Sowa Financial Group Inc.’s holdings in iShares Core Dividend Growth ETF were worth $1,767,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DGRO. Hoese & Co LLP lifted its position in iShares Core Dividend Growth ETF by 28.0% in the fourth quarter. Hoese & Co LLP now owns 99,875 shares of the company’s stock valued at $6,126,000 after purchasing an additional 21,852 shares during the last quarter. Harbor Investment Advisory LLC raised its holdings in iShares Core Dividend Growth ETF by 4.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 46,599 shares of the company’s stock valued at $2,858,000 after buying an additional 1,811 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in iShares Core Dividend Growth ETF by 33.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,411 shares of the company’s stock valued at $148,000 after buying an additional 611 shares during the last quarter. Scott Capital Advisors LLC boosted its position in iShares Core Dividend Growth ETF by 5.3% during the 4th quarter. Scott Capital Advisors LLC now owns 254,804 shares of the company’s stock valued at $15,528,000 after buying an additional 12,742 shares during the period. Finally, Lincoln Capital LLC grew its holdings in iShares Core Dividend Growth ETF by 1.7% in 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 during the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.5 %

Shares of NYSEARCA:DGRO opened at $62.59 on Tuesday. The company has a 50-day moving average price of $62.74 and a 200-day moving average price of $61.78. The company has a market cap of $29.63 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12 month low of $53.18 and a 12 month 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.