Sheets Smith Wealth Management Lowers Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sheets Smith Wealth Management trimmed its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 18.9% during the third quarter, Holdings Channel.com reports. The fund owned 53,758 shares of the company’s stock after selling 12,547 shares during the period. Sheets Smith Wealth Management’s holdings in iShares Core Dividend Growth ETF were worth $3,370,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in DGRO. Tsfg LLC boosted its holdings in iShares Core Dividend Growth ETF by 104.1% during the 2nd quarter. Tsfg LLC now owns 496 shares of the company’s stock valued at $29,000 after acquiring an additional 253 shares during the period. Bfsg LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth about $61,000. Quent Capital LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 49,900.0% in the third quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock valued at $63,000 after purchasing an additional 998 shares during the period. Ridgewood Investments LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the second quarter valued at approximately $68,000. Finally, Massmutual Trust Co. FSB ADV increased its stake in iShares Core Dividend Growth ETF by 15.8% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 1,800 shares of the company’s stock worth $113,000 after buying an additional 246 shares during the period.

iShares Core Dividend Growth ETF Stock Up 0.6 %

Shares of DGRO stock opened at $64.15 on Friday. The firm has a 50 day moving average of $62.47 and a two-hundred day moving average of $59.84. The stock has a market capitalization of $30.37 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 52 week low of $49.08 and a 52 week high of $64.34.

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.