Claro Advisors LLC Cuts Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Claro Advisors LLC lowered its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 41.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 24,057 shares of the company’s stock after selling 16,735 shares during the period. Claro Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,476,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Parallel Advisors LLC lifted its position in iShares Core Dividend Growth ETF by 39.1% in the second quarter. Parallel Advisors LLC now owns 16,608 shares of the company’s stock valued at $957,000 after purchasing an additional 4,668 shares during the last quarter. Clear Investment Research LLC lifted its position in iShares Core Dividend Growth ETF by 15.4% in the second quarter. Clear Investment Research LLC now owns 5,266 shares of the company’s stock valued at $303,000 after purchasing an additional 702 shares during the last quarter. Tennessee Valley Asset Management Partners lifted its position in iShares Core Dividend Growth ETF by 5.6% in the second quarter. Tennessee Valley Asset Management Partners now owns 32,574 shares of the company’s stock valued at $1,877,000 after purchasing an additional 1,720 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in iShares Core Dividend Growth ETF by 8.9% in the second quarter. Brown Brothers Harriman & Co. now owns 15,531 shares of the company’s stock valued at $895,000 after purchasing an additional 1,267 shares during the last quarter. Finally, Financial Perspectives Inc lifted its position in iShares Core Dividend Growth ETF by 2.5% in the second quarter. Financial Perspectives Inc now owns 47,445 shares of the company’s stock valued at $2,733,000 after purchasing an additional 1,142 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of iShares Core Dividend Growth ETF stock traded up $0.42 during midday trading on Monday, reaching $60.88. 1,617,498 shares of the company’s stock traded hands, compared to its average volume of 1,996,180. The company has a market cap of $28.82 billion, a PE ratio of 19.25 and a beta of 0.71. The stock has a 50 day moving average of $62.91 and a 200-day moving average of $61.60. iShares Core Dividend Growth ETF has a 12 month low of $53.11 and a 12 month high of $65.08.

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.