Capital Investment Counsel LLC Sells 2,012 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Capital Investment Counsel LLC reduced its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 111,858 shares of the company’s stock after selling 2,012 shares during the quarter. Capital Investment Counsel LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,861,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DGRO. Lincoln Capital LLC raised its position in shares of iShares Core Dividend Growth ETF by 1.7% in the 4th quarter. Lincoln Capital LLC now owns 10,020 shares of the company’s stock valued at $615,000 after acquiring an additional 168 shares during the period. Adell Harriman & Carpenter Inc. increased its stake in iShares Core Dividend Growth ETF by 1.6% in the third quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock valued at $665,000 after purchasing an additional 170 shares in the last quarter. Empire Financial Management Company LLC raised its holdings in iShares Core Dividend Growth ETF by 2.7% in the third quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock worth $405,000 after purchasing an additional 171 shares during the period. GSG Advisors LLC boosted its position in shares of iShares Core Dividend Growth ETF by 0.5% during the third quarter. GSG Advisors LLC now owns 35,815 shares of the company’s stock worth $2,238,000 after purchasing an additional 186 shares in the last quarter. Finally, Eastover Investment Advisors LLC boosted its position in shares of iShares Core Dividend Growth ETF by 2.1% during the fourth quarter. Eastover Investment Advisors LLC now owns 9,123 shares of the company’s stock worth $560,000 after purchasing an additional 192 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.6 %

DGRO opened at $63.22 on Wednesday. The stock has a market cap of $29.93 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12 month low of $54.31 and a 12 month high of $65.08. The company has a fifty day simple moving average of $62.72 and a 200 day simple moving average of $61.99.

iShares Core Dividend Growth ETF 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.