Wells Financial Advisors INC Cuts Holdings in iShares Core Dividend Growth ETF $DGRO

Wells Financial Advisors INC reduced its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 44.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,120 shares of the company’s stock after selling 6,561 shares during the quarter. iShares Core Dividend Growth ETF comprises 2.6% of Wells Financial Advisors INC’s investment portfolio, making the stock its 13th biggest holding. Wells Financial Advisors INC’s holdings in iShares Core Dividend Growth ETF were worth $570,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Greenline Wealth Management LLC purchased a new position in iShares Core Dividend Growth ETF in the fourth quarter worth $25,000. MBM Wealth Consultants LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 1st quarter worth $27,000. Ankerstar Wealth LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter worth $26,000. Group One Trading LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth $28,000. Finally, IFC & Insurance Marketing Inc. acquired a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth $31,000.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO opened at $77.14 on Monday. iShares Core Dividend Growth ETF has a 52-week low of $63.76 and a 52-week high of $78.17. The company has a 50-day simple moving average of $75.38 and a 200-day simple moving average of $73.07. The company has a market capitalization of $42.13 billion, a PE ratio of 19.66 and a beta of 0.77.

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.