Ehrlich Financial Group Sells 224 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Ehrlich Financial Group lowered its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 18,097 shares of the company’s stock after selling 224 shares during the quarter. Ehrlich Financial Group’s holdings in iShares Core Dividend Growth ETF were worth $1,118,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in DGRO. Dunhill Financial LLC increased its position in shares of iShares Core Dividend Growth ETF by 300.0% during the fourth quarter. Dunhill Financial LLC now owns 400 shares of the company’s stock valued at $25,000 after acquiring an additional 300 shares in the last quarter. Accredited Wealth Management LLC bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $28,000. Y.D. More Investments Ltd bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $33,000. Rialto Wealth Management LLC bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $33,000. Finally, Mpwm Advisory Solutions LLC bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $33,000.

iShares Core Dividend Growth ETF Trading Up 0.8%

NYSEARCA:DGRO opened at $62.83 on Friday. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $65.08. The company has a market cap of $31.25 billion, a PE ratio of 20.04 and a beta of 0.86. The company has a 50 day simple moving average of $60.15 and a two-hundred day simple moving average of $61.89.

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.