Philadelphia Trust Co. Decreases Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Philadelphia Trust Co. lessened its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 16.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,935 shares of the company’s stock after selling 1,000 shares during the period. Philadelphia Trust Co.’s holdings in iShares Core Dividend Growth ETF were worth $303,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Counterweight Ventures LLC increased its holdings in iShares Core Dividend Growth ETF by 1.3% during the fourth quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock worth $1,658,000 after buying an additional 349 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at approximately $3,573,000. Ranch Capital Advisors Inc. increased its stake in shares of iShares Core Dividend Growth ETF by 1.7% during the 4th quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock worth $1,143,000 after purchasing an additional 317 shares during the last quarter. World Investment Advisors LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 45.8% in the 3rd quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock worth $2,323,000 after purchasing an additional 11,634 shares during the period. Finally, Sterling Wealth Advisors Inc purchased a new position in iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $1,969,000.

iShares Core Dividend Growth ETF Trading Up 1.7 %

Shares of NYSEARCA DGRO opened at $58.34 on Friday. The stock has a fifty day simple moving average of $61.81 and a two-hundred day simple moving average of $62.50. iShares Core Dividend Growth ETF has a 1-year low of $54.09 and a 1-year high of $65.08. The firm has a market cap of $28.71 billion, a price-to-earnings ratio of 20.41 and a beta of 0.86.

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.