Sachetta LLC Sells 1,838 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sachetta LLC reduced its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 28.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,597 shares of the company’s stock after selling 1,838 shares during the quarter. Sachetta LLC’s holdings in iShares Core Dividend Growth ETF were worth $282,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Southland Equity Partners LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 0.9% during the fourth quarter. Southland Equity Partners LLC now owns 35,648 shares of the company’s stock worth $2,187,000 after buying an additional 318 shares in the last quarter. RFG Advisory LLC raised its stake in iShares Core Dividend Growth ETF by 3.1% in the 4th quarter. RFG Advisory LLC now owns 46,849 shares of the company’s stock worth $2,874,000 after purchasing an additional 1,409 shares in the last quarter. MFA Wealth Services bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at about $2,617,000. Cornerstone Wealth Management LLC grew its position in shares of iShares Core Dividend Growth ETF by 0.3% during the 4th quarter. Cornerstone Wealth Management LLC now owns 163,263 shares of the company’s stock worth $10,015,000 after purchasing an additional 473 shares in the last quarter. Finally, Brighton Jones LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 52.5% during the fourth quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock worth $411,000 after purchasing an additional 2,304 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $63.33 on Friday. iShares Core Dividend Growth ETF has a 52 week low of $54.31 and a 52 week high of $65.08. The stock has a market capitalization of $29.98 billion, a P/E ratio of 19.25 and a beta of 0.71. The stock’s fifty day moving average is $62.71 and its 200 day moving average is $61.88.

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.