1832 Asset Management L.P. Cuts Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

1832 Asset Management L.P. reduced its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 81.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,720 shares of the company’s stock after selling 212,170 shares during the quarter. 1832 Asset Management L.P.’s holdings in iShares Core Dividend Growth ETF were worth $2,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Vima LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter worth about $25,000. LifeSteps Financial Inc. purchased a new stake in iShares Core Dividend Growth ETF in the first quarter worth approximately $27,000. Voisard Asset Management Group Inc. bought a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $27,000. Horrell Capital Management Inc. purchased a new position in shares of iShares Core Dividend Growth ETF during the first quarter worth approximately $29,000. Finally, Private Wealth Management Group LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $36,000.

iShares Core Dividend Growth ETF Trading Up 1.1 %

Shares of NYSEARCA:DGRO traded up $0.68 on Friday, reaching $59.93. 673,252 shares of the company traded hands, compared to its average volume of 1,458,757. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $60.56. The business’s 50-day simple moving average is $58.06 and its 200 day simple moving average is $56.79. The stock has a market capitalization of $28.37 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.