SageView Advisory Group LLC Cuts Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

SageView Advisory Group LLC cut its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 23.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 11,739 shares of the company’s stock after selling 3,559 shares during the period. SageView Advisory Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $720,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Counterweight Ventures LLC grew its holdings in iShares Core Dividend Growth ETF by 1.3% during the 4th quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock valued at $1,658,000 after purchasing an additional 349 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at about $3,573,000. Ranch Capital Advisors Inc. increased its position in shares of iShares Core Dividend Growth ETF by 1.7% during the fourth quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock worth $1,143,000 after acquiring an additional 317 shares during the last quarter. World Investment Advisors LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 45.8% in the third quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock worth $2,323,000 after acquiring an additional 11,634 shares in the last quarter. Finally, Sterling Wealth Advisors Inc purchased a new position in iShares Core Dividend Growth ETF in the fourth quarter valued at about $1,969,000.

iShares Core Dividend Growth ETF Stock Up 1.1 %

DGRO stock opened at $59.01 on Tuesday. The stock’s 50 day moving average is $61.72 and its two-hundred day moving average is $62.48. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week high of $65.08. The company has a market capitalization of $29.04 billion, a PE ratio of 20.41 and a beta of 0.86.

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.