Market Street Wealth Management Advisors LLC Sells 883 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Market Street Wealth Management Advisors LLC trimmed its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 13,485 shares of the company’s stock after selling 883 shares during the quarter. Market Street Wealth Management Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $833,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in iShares Core Dividend Growth ETF in the 4th quarter worth $616,824,000. GAMMA Investing LLC raised its holdings in iShares Core Dividend Growth ETF by 6,536.2% in the 1st quarter. GAMMA Investing LLC now owns 3,745,460 shares of the company’s stock worth $231,395,000 after purchasing an additional 3,689,020 shares during the period. LPL Financial LLC raised its holdings in iShares Core Dividend Growth ETF by 10.4% in the 4th quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock worth $905,150,000 after purchasing an additional 1,392,383 shares during the period. Jones Financial Companies Lllp raised its holdings in iShares Core Dividend Growth ETF by 36.6% in the 4th quarter. Jones Financial Companies Lllp now owns 4,224,958 shares of the company’s stock worth $259,159,000 after purchasing an additional 1,132,527 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in iShares Core Dividend Growth ETF by 17.7% in the 4th quarter. Wells Fargo & Company MN now owns 6,198,943 shares of the company’s stock worth $380,243,000 after purchasing an additional 932,713 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of iShares Core Dividend Growth ETF stock opened at $62.22 on Wednesday. The stock’s fifty day moving average is $60.89 and its 200 day moving average is $61.80. The stock has a market cap of $31.05 billion, a P/E ratio of 20.47 and a beta of 0.85. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year 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.