Gimbal Financial Has $17.68 Million Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Gimbal Financial cut its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 31.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 288,217 shares of the company’s stock after selling 134,783 shares during the period. iShares Core Dividend Growth ETF comprises approximately 14.5% of Gimbal Financial’s holdings, making the stock its 2nd largest position. Gimbal Financial’s holdings in iShares Core Dividend Growth ETF were worth $17,679,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Global Retirement Partners LLC raised its position in shares of iShares Core Dividend Growth ETF by 8.7% in the 4th quarter. Global Retirement Partners LLC now owns 142,733 shares of the company’s stock worth $8,755,000 after acquiring an additional 11,450 shares in the last quarter. Empower Advisory Group LLC raised its position in shares of iShares Core Dividend Growth ETF by 11.9% in the 4th quarter. Empower Advisory Group LLC now owns 5,643 shares of the company’s stock worth $346,000 after acquiring an additional 600 shares in the last quarter. Truist Financial Corp raised its position in shares of iShares Core Dividend Growth ETF by 4.2% in the 4th quarter. Truist Financial Corp now owns 3,142,056 shares of the company’s stock worth $192,734,000 after acquiring an additional 127,517 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. raised its position in shares of iShares Core Dividend Growth ETF by 4.7% in the 4th quarter. Financiere des Professionnels Fonds d investissement inc. now owns 268,800 shares of the company’s stock worth $16,488,000 after acquiring an additional 12,000 shares in the last quarter. Finally, Philip James Wealth Mangement LLC increased its position in iShares Core Dividend Growth ETF by 1.8% in the 4th quarter. Philip James Wealth Mangement LLC now owns 205,155 shares of the company’s stock valued at $12,584,000 after buying an additional 3,567 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $64.10 on Wednesday. iShares Core Dividend Growth ETF has a one year low of $55.08 and a one year high of $65.08. The firm has a market capitalization of $30.35 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The business has a 50-day simple moving average of $62.54 and a 200 day simple moving average of $62.41.

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.