Advisory Alpha LLC Sells 168 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Advisory Alpha LLC trimmed its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,543 shares of the company’s stock after selling 168 shares during the quarter. Advisory Alpha LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Ulland Investment Advisors LLC purchased a new position in iShares Core Dividend Growth ETF during the fourth quarter worth about $27,000. Truvestments Capital LLC bought a new stake in iShares Core Dividend Growth ETF during the third quarter worth $28,000. Tompkins Financial Corp bought a new position in iShares Core Dividend Growth ETF in the 4th quarter valued at $41,000. SWAN Capital LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth $50,000. Finally, Bfsg LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth about $61,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $63.11 on Wednesday. The firm has a market cap of $29.88 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 52 week low of $54.10 and a 52 week high of $65.08. The firm’s 50-day simple moving average is $62.72 and its two-hundred day simple moving average is $61.82.

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.