Envestnet Portfolio Solutions Inc. lowered its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report) by 53.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 270,702 shares of the company’s stock after selling 307,020 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core Dividend Growth ETF were worth $16,605,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in the stock. Ulland Investment Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $27,000. Truvestments Capital LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the third quarter valued at $28,000. Y.D. More Investments Ltd bought a new position in iShares Core Dividend Growth ETF in the fourth quarter worth $33,000. Rialto Wealth Management LLC acquired a new stake in iShares Core Dividend Growth ETF during the fourth quarter worth $33,000. Finally, Synergy Investment Management LLC bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at $37,000.
iShares Core Dividend Growth ETF Stock Performance
Shares of DGRO stock opened at $61.54 on Monday. The firm has a fifty day moving average of $62.91 and a 200-day moving average of $62.79. The stock has a market cap of $30.15 billion, a price-to-earnings ratio of 22.22 and a beta of 0.89. iShares Core Dividend Growth ETF has a 52-week low of $55.08 and a 52-week high of $65.08.
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.
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Want to see what other hedge funds are holding DGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report).
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