Shepherd Financial Partners LLC Lowers Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Shepherd Financial Partners LLC trimmed its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 147,404 shares of the company’s stock after selling 2,565 shares during the quarter. iShares Core Dividend Growth ETF comprises about 1.1% of Shepherd Financial Partners LLC’s holdings, making the stock its 17th biggest holding. Shepherd Financial Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $9,042,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of DGRO. Ulland Investment Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $27,000. Truvestments Capital LLC purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter valued at $28,000. Y.D. More Investments Ltd bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter worth $33,000. Tompkins Financial Corp purchased a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth $41,000. Finally, New Wave Wealth Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at $49,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $63.28 on Friday. iShares Core Dividend Growth ETF has a one year low of $54.31 and a one year high of $65.08. The stock has a 50-day moving average of $62.58 and a 200 day moving average of $62.17. The company has a market capitalization of $29.96 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

iShares Core Dividend Growth ETF 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.