Focus Financial Network Inc. Trims Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Focus Financial Network Inc. reduced its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,257 shares of the company’s stock after selling 174 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares Core Dividend Growth ETF were worth $813,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of DGRO. Ulland Investment Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at about $27,000. Truvestments Capital LLC purchased a new position in iShares Core Dividend Growth ETF during the third quarter valued at approximately $28,000. Y.D. More Investments Ltd bought a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $33,000. Tompkins Financial Corp purchased a new stake in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $41,000. Finally, New Wave Wealth Advisors LLC bought a new position in iShares Core Dividend Growth ETF in the 4th quarter valued at $49,000.

iShares Core Dividend Growth ETF Price Performance

DGRO opened at $63.59 on Thursday. iShares Core Dividend Growth ETF has a one year low of $54.31 and a one year high of $65.08. The firm has a market capitalization of $30.11 billion, a P/E ratio of 19.25 and a beta of 0.71. The company has a fifty day moving average price of $62.53 and a 200-day moving average price of $62.28.

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.