Sound View Wealth Advisors Group LLC Cuts Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sound View Wealth Advisors Group LLC decreased its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 172,195 shares of the company’s stock after selling 2,088 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $10,562,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DGRO. Ulland Investment Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth about $27,000. Truvestments Capital LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth about $28,000. Y.D. More Investments Ltd purchased a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth about $33,000. Rialto Wealth Management LLC purchased a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at about $33,000. Finally, Synergy Investment Management LLC purchased a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at about $37,000.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO opened at $63.31 on Friday. The firm has a market capitalization of $31.02 billion, a price-to-earnings ratio of 22.22 and a beta of 0.89. The company’s 50-day moving average is $62.89 and its two-hundred day moving average is $62.77. iShares Core Dividend Growth ETF has a 1-year low of $55.08 and a 1-year high of $65.08.

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.