iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Sold by MBE Wealth Management LLC

MBE Wealth Management LLC cut its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 52,427 shares of the company’s stock after selling 1,373 shares during the quarter. iShares Core Dividend Growth ETF makes up approximately 1.8% of MBE Wealth Management LLC’s portfolio, making the stock its 10th biggest position. MBE Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $3,216,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Lincoln Capital LLC raised its position in iShares Core Dividend Growth ETF by 1.7% in the fourth quarter. Lincoln Capital LLC now owns 10,020 shares of the company’s stock worth $615,000 after acquiring an additional 168 shares in the last quarter. Adell Harriman & Carpenter Inc. grew its holdings in iShares Core Dividend Growth ETF by 1.6% in the third quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock valued at $665,000 after purchasing an additional 170 shares during the last quarter. Empire Financial Management Company LLC grew its holdings in iShares Core Dividend Growth ETF by 2.7% in the third quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock valued at $405,000 after purchasing an additional 171 shares during the last quarter. GSG Advisors LLC grew its holdings in 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 valued at $2,238,000 after purchasing an additional 186 shares during the last quarter. Finally, Eastover Investment Advisors LLC grew its holdings in 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 during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock opened at $63.62 on Tuesday. The firm has a market capitalization of $30.12 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a fifty-two week low of $54.31 and a fifty-two week high of $65.08. The stock’s fifty day moving average is $62.72 and its two-hundred day moving average is $61.96.

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.