Sowa Financial Group Inc. Sells 6,748 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sowa Financial Group Inc. cut its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 19.0% in the 4th quarter, Holdings Channel reports. The firm owned 28,805 shares of the company’s stock after selling 6,748 shares during the period. iShares Core Dividend Growth ETF makes up about 1.1% of Sowa Financial Group Inc.’s portfolio, making the stock its 16th biggest position. Sowa Financial Group Inc.’s holdings in iShares Core Dividend Growth ETF were worth $1,767,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Truvestments Capital LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the third quarter valued at about $28,000. Tompkins Financial Corp purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth approximately $41,000. SWAN Capital LLC bought a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $50,000. Bfsg LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at approximately $61,000. Finally, Quent Capital LLC boosted its position in shares of iShares Core Dividend Growth ETF by 49,900.0% during the third quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock valued at $63,000 after purchasing an additional 998 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.5 %

Shares of DGRO stock opened at $62.59 on Tuesday. The business’s fifty day moving average is $62.74 and its 200 day moving average is $61.78. The stock has a market cap of $29.63 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a twelve month low of $53.18 and a twelve 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.