Sigma Planning Corp Cuts Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sigma Planning Corp lowered its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.9% during the fourth quarter, Holdings Channel reports. The firm owned 604,730 shares of the company’s stock after selling 44,819 shares during the period. iShares Core Dividend Growth ETF accounts for about 1.2% of Sigma Planning Corp’s portfolio, making the stock its 10th largest position. Sigma Planning Corp’s holdings in iShares Core Dividend Growth ETF were worth $37,094,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Alpha Financial Partners LLC acquired a new position in iShares Core Dividend Growth ETF in the third quarter valued at about $1,152,000. Brighton Jones LLC raised its stake in shares of iShares Core Dividend Growth ETF by 12.8% during the third quarter. Brighton Jones LLC now owns 4,392 shares of the company’s stock worth $275,000 after buying an additional 498 shares during the last quarter. Romano Brothers AND Company raised its stake in shares of iShares Core Dividend Growth ETF by 38.9% during the third quarter. Romano Brothers AND Company now owns 5,995 shares of the company’s stock worth $376,000 after buying an additional 1,680 shares during the last quarter. CENTRAL TRUST Co increased its stake in iShares Core Dividend Growth ETF by 9.9% in the third quarter. CENTRAL TRUST Co now owns 2,590 shares of the company’s stock valued at $162,000 after purchasing an additional 233 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC increased its stake in iShares Core Dividend Growth ETF by 2.7% in the third quarter. Mount Yale Investment Advisors LLC now owns 55,162 shares of the company’s stock valued at $3,458,000 after purchasing an additional 1,448 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.8 %

iShares Core Dividend Growth ETF stock opened at $63.76 on Friday. The stock has a market capitalization of $30.19 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a twelve month low of $55.08 and a twelve month high of $65.08. The company has a 50 day moving average of $62.59 and a 200-day moving average of $62.48.

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.