iShares Core Dividend Growth ETF $DGRO Stock: International Assets Investment Management LLC Decreases Holdings

International Assets Investment Management LLC reduced its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 82.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 3,550 shares of the company’s stock after selling 16,383 shares during the period. International Assets Investment Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $268,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. John Boyer Inc. bought a new position in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $35,000. Financial Freedom LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 1st quarter worth approximately $35,000. Tompkins Financial Corp acquired a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $50,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at approximately $51,000. Finally, Independence Bank of Kentucky increased its holdings in shares of iShares Core Dividend Growth ETF by 69.8% in the 3rd quarter. Independence Bank of Kentucky now owns 681 shares of the company’s stock valued at $51,000 after acquiring an additional 280 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock traded down $0.45 on Friday, hitting $79.80. 2,703,060 shares of the stock traded hands, compared to its average volume of 1,838,785. The company has a market capitalization of $44.59 billion, a PE ratio of 19.66 and a beta of 0.75. iShares Core Dividend Growth ETF has a 1-year low of $67.14 and a 1-year high of $82.90. The company’s fifty day moving average is $78.28 and its 200 day moving average is $75.39.

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.