McLean Asset Management Corp Lowers Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

McLean Asset Management Corp reduced its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,551 shares of the company’s stock after selling 824 shares during the quarter. McLean Asset Management Corp’s holdings in iShares Core Dividend Growth ETF were worth $1,383,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Truvestments Capital LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at approximately $28,000. Ulland Investment Advisors LLC acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter worth $27,000. Tompkins Financial Corp acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter worth $41,000. SWAN Capital LLC acquired a new position in iShares Core Dividend Growth ETF during the third quarter worth $50,000. Finally, Bfsg LLC acquired a new position in iShares Core Dividend Growth ETF during the third quarter worth $61,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $63.33 on Monday. The stock has a fifty day moving average price of $62.71 and a 200 day moving average price of $61.93. The stock has a market cap of $29.98 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1 year low of $54.31 and a 1 year high of $65.08.

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.