Ellenbecker Investment Group Sells 1,017 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Ellenbecker Investment Group cut its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 5.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 18,639 shares of the company’s stock after selling 1,017 shares during the quarter. Ellenbecker Investment Group’s holdings in iShares Core Dividend Growth ETF were worth $1,143,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DGRO. Adell Harriman & Carpenter Inc. lifted its stake in shares of iShares Core Dividend Growth ETF by 1.6% during the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock valued at $665,000 after buying an additional 170 shares in the last quarter. Empire Financial Management Company LLC lifted its position in shares of iShares Core Dividend Growth ETF by 2.7% during the third quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock worth $405,000 after acquiring an additional 171 shares in the last quarter. GSG Advisors LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 0.5% in the third quarter. GSG Advisors LLC now owns 35,815 shares of the company’s stock worth $2,238,000 after acquiring an additional 186 shares during the period. Eastover Investment Advisors LLC grew its position in shares of iShares Core Dividend Growth ETF by 2.1% in the fourth quarter. Eastover Investment Advisors LLC now owns 9,123 shares of the company’s stock valued at $560,000 after purchasing an additional 192 shares in the last quarter. Finally, Alta Wealth Advisors LLC grew its position in shares of iShares Core Dividend Growth ETF by 2.6% in the third quarter. Alta Wealth Advisors LLC now owns 7,693 shares of the company’s stock valued at $482,000 after purchasing an additional 194 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $60.94 on Tuesday. The stock has a market capitalization of $28.85 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 52-week low of $53.11 and a 52-week high of $65.08. The stock’s 50-day simple moving average is $62.91 and its 200 day simple moving average is $61.60.

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.