1832 Asset Management L.P. Trims Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

1832 Asset Management L.P. lowered its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 81.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,720 shares of the company’s stock after selling 212,170 shares during the quarter. 1832 Asset Management L.P.’s holdings in iShares Core Dividend Growth ETF were worth $2,829,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of DGRO. PFG Investments LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth about $217,000. IFG Advisory LLC grew its holdings in iShares Core Dividend Growth ETF by 3.9% during the 4th quarter. IFG Advisory LLC now owns 15,223 shares of the company’s stock valued at $819,000 after buying an additional 568 shares in the last quarter. Global Retirement Partners LLC grew its holdings in iShares Core Dividend Growth ETF by 4.0% during the 4th quarter. Global Retirement Partners LLC now owns 87,494 shares of the company’s stock valued at $4,688,000 after buying an additional 3,350 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its position in shares of iShares Core Dividend Growth ETF by 2.3% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 170,150 shares of the company’s stock valued at $9,157,000 after buying an additional 3,824 shares during the last quarter. Finally, Mendota Financial Group LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth $68,000.

iShares Core Dividend Growth ETF Trading Up 1.1 %

DGRO traded up $0.68 during trading on Friday, hitting $59.93. 673,252 shares of the company traded hands, compared to its average volume of 1,458,757. The company has a market cap of $28.37 billion, a PE ratio of 19.25 and a beta of 0.71. The stock’s 50-day simple moving average is $58.06 and its two-hundred day simple moving average is $56.79. iShares Core Dividend Growth ETF has a 1 year low of $47.19 and a 1 year high of $60.56.

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.