Capital Advisors Ltd. LLC Reduces Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Capital Advisors Ltd. LLC decreased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 259,975 shares of the company’s stock after selling 9,857 shares during the period. iShares Core Dividend Growth ETF comprises about 2.0% of Capital Advisors Ltd. LLC’s holdings, making the stock its 12th biggest position. Capital Advisors Ltd. LLC’s holdings in iShares Core Dividend Growth ETF were worth $13,992,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Raleigh Capital Management Inc. purchased a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at $27,000. Phillips Financial Management LLC purchased a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at $37,000. BluePath Capital Management LLC purchased a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at $44,000. Finally, Parkside Financial Bank & Trust purchased a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at $45,000.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock traded up $0.05 during mid-day trading on Wednesday, hitting $56.59. The stock had a trading volume of 1,053,936 shares, compared to its average volume of 1,591,742. iShares Core Dividend Growth ETF has a 12-month low of $47.19 and a 12-month high of $58.19. The firm has a market capitalization of $26.65 billion, a P/E ratio of 18.84 and a beta of 0.89. The firm’s 50-day moving average is $56.57 and its two-hundred day moving average is $53.68.

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.