iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Sold by 4J Wealth Management LLC

4J Wealth Management LLC reduced its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 22.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 158,686 shares of the company’s stock after selling 46,661 shares during the period. iShares Core Dividend Growth ETF comprises about 7.6% of 4J Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. 4J Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $9,142,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vima LLC bought a new stake in iShares Core Dividend Growth ETF during the fourth quarter worth about $25,000. LifeSteps Financial Inc. bought a new stake in iShares Core Dividend Growth ETF during the first quarter worth about $27,000. Voisard Asset Management Group Inc. bought a new stake in iShares Core Dividend Growth ETF during the fourth quarter worth about $27,000. Horrell Capital Management Inc. bought a new stake in iShares Core Dividend Growth ETF during the first quarter worth about $29,000. Finally, Tsfg LLC raised its holdings in iShares Core Dividend Growth ETF by 104.1% during the second quarter. Tsfg LLC now owns 496 shares of the company’s stock worth $29,000 after acquiring an additional 253 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

DGRO traded up $0.20 on Friday, hitting $60.57. 791,511 shares of the company were exchanged, compared to its average volume of 1,430,884. The stock’s fifty day moving average is $58.53 and its 200-day moving average is $57.28. The company has a market cap of $28.68 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12 month low of $47.19 and a 12 month high of $60.66.

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.