Sterling Investment Counsel LLC Lowers Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sterling Investment Counsel LLC cut its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 82.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,911 shares of the company’s stock after selling 28,724 shares during the quarter. Sterling Investment Counsel LLC’s holdings in iShares Core Dividend Growth ETF were worth $363,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of DGRO. HF Advisory Group LLC increased its holdings in iShares Core Dividend Growth ETF by 1.7% during the 3rd quarter. HF Advisory Group LLC now owns 98,569 shares of the company’s stock worth $6,179,000 after purchasing an additional 1,627 shares during the period. Cornell Pochily Investment Advisors Inc. increased its stake in shares of iShares Core Dividend Growth ETF by 7.6% during the third quarter. Cornell Pochily Investment Advisors Inc. now owns 73,962 shares of the company’s stock valued at $4,637,000 after buying an additional 5,254 shares during the period. World Investment Advisors LLC raised its holdings 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 valued at $2,323,000 after acquiring an additional 11,634 shares in the last quarter. Fisher Asset Management LLC purchased a new stake in iShares Core Dividend Growth ETF in the third quarter worth about $208,000. Finally, Newbridge Financial Services Group Inc. lifted its stake in iShares Core Dividend Growth ETF by 2.0% in the second quarter. Newbridge Financial Services Group Inc. now owns 18,129 shares of the company’s stock worth $1,044,000 after acquiring an additional 362 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $63.62 on Tuesday. iShares Core Dividend Growth ETF has a one year low of $54.31 and a one year high of $65.08. The company has a market capitalization of $30.12 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company’s 50-day simple moving average is $62.72 and its two-hundred day simple moving average is $61.96.

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.