McKinley Carter Wealth Services Inc. Decreases Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

McKinley Carter Wealth Services Inc. lessened its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,348 shares of the company’s stock after selling 2,006 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in iShares Core Dividend Growth ETF were worth $1,678,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DGRO. Ulland Investment Advisors LLC bought a new stake in iShares Core Dividend Growth ETF during the fourth quarter worth $27,000. Truvestments Capital LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth $28,000. Tompkins Financial Corp bought a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter worth $41,000. SWAN Capital LLC bought a new position in iShares Core Dividend Growth ETF during the third quarter valued at about $50,000. Finally, Bfsg LLC purchased a new stake in iShares Core Dividend Growth ETF during the third quarter worth about $61,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $63.22 on Wednesday. The firm has a market cap of $29.93 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 52 week low of $54.31 and a 52 week high of $65.08. The firm’s 50-day simple moving average is $62.72 and its two-hundred day simple moving average is $61.99.

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.