iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC trimmed its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 14.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 98,411 shares of the company’s stock after selling 16,443 shares during the quarter. Merit Financial Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,037,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Adell Harriman & Carpenter Inc. raised its holdings in iShares Core Dividend Growth ETF by 1.6% during the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock worth $665,000 after buying an additional 170 shares during the period. Empire Financial Management Company LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 2.7% during the third quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock valued at $405,000 after acquiring an additional 171 shares during the period. GSG Advisors LLC lifted its position in shares of iShares Core Dividend Growth ETF by 0.5% in the 3rd quarter. GSG Advisors LLC now owns 35,815 shares of the company’s stock valued at $2,238,000 after acquiring an additional 186 shares in the last quarter. Eastover Investment Advisors LLC boosted its stake in iShares Core Dividend Growth ETF by 2.1% in the 4th quarter. Eastover Investment Advisors LLC now owns 9,123 shares of the company’s stock worth $560,000 after purchasing an additional 192 shares during the period. Finally, Alta Wealth Advisors LLC grew its position in iShares Core Dividend Growth ETF by 2.6% during the 3rd quarter. Alta Wealth Advisors LLC now owns 7,693 shares of the company’s stock worth $482,000 after purchasing an additional 194 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.5 %

DGRO opened at $62.59 on Friday. The firm has a market capitalization of $29.63 billion, a P/E ratio of 19.25 and a beta of 0.71. The stock has a fifty day moving average of $62.77 and a 200-day moving average of $61.72. iShares Core Dividend Growth ETF has a 12-month low of $53.18 and a 12-month high of $65.08.

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.