Correct Capital Wealth Management Sells 127,739 Shares of iShares Core Dividend Growth ETF $DGRO

Correct Capital Wealth Management decreased its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 19.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 520,330 shares of the company’s stock after selling 127,739 shares during the period. iShares Core Dividend Growth ETF comprises about 5.0% of Correct Capital Wealth Management’s investment portfolio, making the stock its 6th biggest holding. Correct Capital Wealth Management owned about 0.10% of iShares Core Dividend Growth ETF worth $35,424,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Wealth Asset Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 2nd quarter valued at approximately $28,000. Strategic Wealth Investment Group LLC acquired a new position in iShares Core Dividend Growth ETF in the second quarter worth $29,000. Advantage Trust Co bought a new stake in iShares Core Dividend Growth ETF during the second quarter valued at $32,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth $33,000. Finally, Darwin Wealth Management LLC bought a new position in shares of iShares Core Dividend Growth ETF in the 2nd quarter worth about $43,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $73.95 on Friday. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year high of $74.03. The company has a 50-day simple moving average of $70.61 and a 200-day simple moving average of $68.47. The firm has a market capitalization of $38.61 billion, a PE ratio of 19.66 and a beta of 0.84.

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.