Avidian Wealth Solutions LLC Sells 6,517 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Avidian Wealth Solutions LLC lessened its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,454 shares of the company’s stock after selling 6,517 shares during the period. Avidian Wealth Solutions LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,698,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC raised its position in iShares Core Dividend Growth ETF by 5.1% during the third quarter. LPL Financial LLC now owns 10,626,839 shares of the company’s stock worth $526,347,000 after acquiring an additional 511,407 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 2.7% in the 4th quarter. Capital Investment Advisors LLC now owns 7,024,881 shares of the company’s stock valued at $378,079,000 after purchasing an additional 183,410 shares during the period. Royal Bank of Canada lifted its stake in iShares Core Dividend Growth ETF by 5.3% in the 3rd quarter. Royal Bank of Canada now owns 5,601,527 shares of the company’s stock valued at $277,444,000 after purchasing an additional 280,775 shares during the last quarter. UBS Group AG grew its holdings in iShares Core Dividend Growth ETF by 0.4% during the third quarter. UBS Group AG now owns 5,100,464 shares of the company’s stock worth $252,626,000 after purchasing an additional 18,497 shares during the period. Finally, Wealthfront Advisers LLC grew its holdings in iShares Core Dividend Growth ETF by 42.1% during the third quarter. Wealthfront Advisers LLC now owns 4,153,422 shares of the company’s stock worth $205,719,000 after purchasing an additional 1,231,332 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.8 %

NYSEARCA:DGRO traded up $0.46 on Friday, hitting $56.49. The company’s stock had a trading volume of 1,396,329 shares, compared to its average volume of 1,597,369. iShares Core Dividend Growth ETF has a one year low of $47.19 and a one year high of $58.19. The firm has a market capitalization of $26.60 billion, a P/E ratio of 18.84 and a beta of 0.89. The stock has a fifty day moving average of $56.68 and a two-hundred day moving average of $54.00.

iShares Core Dividend Growth ETF 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.