iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Sold by Fortis Advisors LLC

Fortis Advisors LLC lessened its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 18.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,252 shares of the company’s stock after selling 1,412 shares during the period. Fortis Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $386,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Gotham Asset Management LLC raised its stake in iShares Core Dividend Growth ETF by 24.1% during the fourth quarter. Gotham Asset Management LLC now owns 93,152 shares of the company’s stock worth $5,714,000 after purchasing an additional 18,113 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at approximately $3,573,000. Ranch Capital Advisors Inc. lifted its holdings in iShares Core Dividend Growth ETF by 1.7% in the fourth quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock valued at $1,143,000 after acquiring an additional 317 shares during the last quarter. Empowered Funds LLC purchased a new position in iShares Core Dividend Growth ETF in the fourth quarter worth approximately $94,000. Finally, Vontobel Holding Ltd. acquired a new stake in iShares Core Dividend Growth ETF during the fourth quarter worth $282,000.

iShares Core Dividend Growth ETF Stock Down 1.0%

NYSEARCA:DGRO opened at $62.82 on Friday. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $65.08. The stock’s fifty day moving average is $60.67 and its two-hundred day moving average is $61.83. The company has a market capitalization of $31.35 billion, a P/E ratio of 20.47 and a beta of 0.85.

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.