Guidance Capital Inc. Decreases Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Guidance Capital Inc. lowered its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 13.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 57,986 shares of the company’s stock after selling 9,196 shares during the quarter. iShares Core Dividend Growth ETF accounts for approximately 1.2% of Guidance Capital Inc.’s investment portfolio, making the stock its 15th biggest holding. Guidance Capital Inc.’s holdings in iShares Core Dividend Growth ETF were worth $3,219,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. increased its stake in shares of iShares Core Dividend Growth ETF by 1.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 8,543,205 shares of the company’s stock worth $459,795,000 after purchasing an additional 85,304 shares in the last quarter. Capital Investment Advisors LLC boosted its holdings in iShares Core Dividend Growth ETF by 2.7% in the 4th quarter. Capital Investment Advisors LLC now owns 7,024,881 shares of the company’s stock worth $378,079,000 after buying an additional 183,410 shares during the period. Royal Bank of Canada grew its stake in iShares Core Dividend Growth ETF by 5.3% in the 3rd quarter. Royal Bank of Canada now owns 5,601,527 shares of the company’s stock valued at $277,444,000 after buying an additional 280,775 shares in the last quarter. Wells Fargo & Company MN grew its stake in iShares Core Dividend Growth ETF by 11.0% in the 4th quarter. Wells Fargo & Company MN now owns 5,252,724 shares of the company’s stock valued at $282,702,000 after buying an additional 518,671 shares in the last quarter. Finally, Truist Financial Corp raised its holdings in iShares Core Dividend Growth ETF by 4.1% during the 4th quarter. Truist Financial Corp now owns 3,434,189 shares of the company’s stock valued at $184,828,000 after acquiring an additional 134,285 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock traded up $0.03 during trading hours on Friday, reaching $57.61. The company had a trading volume of 1,260,142 shares, compared to its average volume of 1,484,774. The firm has a market cap of $27.28 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a one year low of $47.19 and a one year high of $58.61. The business has a fifty day simple moving average of $57.35 and a 200 day simple moving average of $56.08.

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.