Level Four Advisory Services LLC Sells 27,522 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Level Four Advisory Services LLC decreased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 36.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 47,318 shares of the company’s stock after selling 27,522 shares during the quarter. Level Four Advisory Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,902,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in DGRO. Cerity Partners LLC boosted its position in shares of iShares Core Dividend Growth ETF by 46.2% during the third quarter. Cerity Partners LLC now owns 76,616 shares of the company’s stock valued at $4,803,000 after buying an additional 24,209 shares during the last quarter. Fisher Asset Management LLC purchased a new position in iShares Core Dividend Growth ETF during the 3rd quarter worth $208,000. Truvestments Capital LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth $28,000. Bank of Montreal Can raised its holdings in shares of iShares Core Dividend Growth ETF by 17.5% in the third quarter. Bank of Montreal Can now owns 31,832 shares of the company’s stock valued at $1,986,000 after purchasing an additional 4,747 shares during the last quarter. Finally, Glenmede Trust Co. NA lifted its position in shares of iShares Core Dividend Growth ETF by 48.9% during the third quarter. Glenmede Trust Co. NA now owns 13,098 shares of the company’s stock valued at $821,000 after purchasing an additional 4,300 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $61.15 on Friday. The company has a market capitalization of $29.97 billion, a price-to-earnings ratio of 21.26 and a beta of 0.89. iShares Core Dividend Growth ETF has a 52-week low of $55.08 and a 52-week high of $65.08. The company has a 50-day simple moving average of $62.97 and a two-hundred day simple moving average of $62.80.

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.