HBW Advisory Services LLC Sells 629 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

HBW Advisory Services LLC trimmed its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 43,242 shares of the company’s stock after selling 629 shares during the period. HBW Advisory Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,652,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of DGRO. Sanctuary Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF in the 2nd quarter valued at about $45,148,000. MML Investors Services LLC boosted its stake in iShares Core Dividend Growth ETF by 20.4% in the third quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock valued at $238,032,000 after acquiring an additional 644,193 shares during the last quarter. Smith Anglin Financial LLC grew its holdings in iShares Core Dividend Growth ETF by 78.4% during the 3rd quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock worth $84,424,000 after acquiring an additional 591,701 shares during the period. LPL Financial LLC raised its position in shares of iShares Core Dividend Growth ETF by 3.2% during the 3rd quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after acquiring an additional 413,083 shares during the last quarter. Finally, Summit Investment Advisory Services LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at $23,432,000.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock traded down $0.83 during trading hours on Friday, hitting $60.54. The company’s stock had a trading volume of 3,103,519 shares, compared to its average volume of 1,948,761. The stock has a 50 day moving average of $62.94 and a 200 day moving average of $61.53. iShares Core Dividend Growth ETF has a 12 month low of $53.11 and a 12 month high of $65.08. The company has a market capitalization of $28.66 billion, a PE ratio of 19.25 and a beta of 0.71.

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.