Financial Life Advisors Cuts Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Financial Life Advisors cut its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 50.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,075 shares of the company’s stock after selling 15,169 shares during the period. iShares Core Dividend Growth ETF comprises approximately 0.4% of Financial Life Advisors’ portfolio, making the stock its 26th largest position. Financial Life Advisors’ holdings in iShares Core Dividend Growth ETF were worth $875,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Etfidea LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 1.2% during the third quarter. Etfidea LLC now owns 563,525 shares of the company’s stock worth $27,911,000 after purchasing an additional 6,948 shares during the period. Financial Insights Inc. purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth about $2,211,000. Tritonpoint Wealth LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth about $299,000. Koshinski Asset Management Inc. boosted its holdings in shares of iShares Core Dividend Growth ETF by 33.7% during the fourth quarter. Koshinski Asset Management Inc. now owns 7,281 shares of the company’s stock worth $392,000 after purchasing an additional 1,837 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 6.7% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 31,572 shares of the company’s stock worth $1,699,000 after purchasing an additional 1,996 shares during the period.

iShares Core Dividend Growth ETF Price Performance

DGRO stock traded down $0.03 during trading on Monday, reaching $57.58. The company had a trading volume of 802,423 shares, compared to its average volume of 1,479,315. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $58.61. The company has a market cap of $27.26 billion, a P/E ratio of 19.25 and a beta of 0.71. The business has a 50 day moving average of $57.35 and a 200 day moving average of $56.10.

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.