Kraft Davis & Associates LLC Sells 3,617 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Kraft Davis & Associates LLC trimmed its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 22.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,565 shares of the company’s stock after selling 3,617 shares during the quarter. Kraft Davis & Associates LLC’s holdings in iShares Core Dividend Growth ETF were worth $687,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Raleigh Capital Management Inc. bought a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter valued at about $27,000. Benjamin Edwards Inc. grew its position in iShares Core Dividend Growth ETF by 151.3% during the 2nd quarter. Benjamin Edwards Inc. now owns 573 shares of the company’s stock valued at $30,000 after purchasing an additional 345 shares during the last quarter. Tower Research Capital LLC TRC purchased a new stake in iShares Core Dividend Growth ETF during the 2nd quarter valued at about $33,000. Finally, Phillips Financial Management LLC purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter valued at about $37,000.

iShares Core Dividend Growth ETF Price Performance

DGRO stock traded up $0.41 during trading on Friday, hitting $55.71. 1,462,521 shares of the stock traded hands, compared to its average volume of 1,608,759. iShares Core Dividend Growth ETF has a 1 year low of $47.19 and a 1 year high of $58.19. The firm’s 50 day moving average is $56.52 and its two-hundred day moving average is $53.51. The stock has a market cap of $26.23 billion, a price-to-earnings ratio of 18.84 and a beta of 0.89.

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.