Kingswood Wealth Advisors LLC Sells 15,218 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Kingswood Wealth Advisors LLC lessened its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 31.5% during the 4th quarter, Holdings Channel reports. The fund owned 33,068 shares of the company’s stock after selling 15,218 shares during the period. Kingswood Wealth Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,028,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in DGRO. Ulland Investment Advisors LLC purchased a new position in iShares Core Dividend Growth ETF in the fourth quarter worth $27,000. Truvestments Capital LLC acquired a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at about $28,000. Tompkins Financial Corp purchased a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $41,000. SWAN Capital LLC acquired a new stake in iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $50,000. Finally, Bfsg LLC purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $61,000.

iShares Core Dividend Growth ETF Trading Up 0.5 %

NYSEARCA DGRO opened at $63.62 on Tuesday. iShares Core Dividend Growth ETF has a 12-month low of $54.31 and a 12-month high of $65.08. The company has a fifty day simple moving average of $62.72 and a two-hundred day simple moving average of $61.96. The stock has a market cap of $30.12 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.