Biondo Investment Advisors LLC Sells 370 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Biondo Investment Advisors LLC lowered its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,318 shares of the company’s stock after selling 370 shares during the quarter. Biondo Investment Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,492,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of DGRO. Ulland Investment Advisors LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter worth approximately $27,000. Truvestments Capital LLC bought a new position in iShares Core Dividend Growth ETF in the third quarter worth $28,000. Y.D. More Investments Ltd acquired a new stake in iShares Core Dividend Growth ETF during the fourth quarter worth $33,000. Rialto Wealth Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at $33,000. Finally, Synergy Investment Management LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth about $37,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of iShares Core Dividend Growth ETF stock opened at $61.15 on Friday. The firm has a market cap of $29.97 billion, a P/E ratio of 21.26 and a beta of 0.89. The firm’s 50-day simple moving average is $62.97 and its 200-day simple moving average is $62.80. iShares Core Dividend Growth ETF has a twelve month low of $55.08 and a twelve month high of $65.08.

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.