Guidance Capital Inc. Reduces Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Guidance Capital Inc. decreased its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,723 shares of the company’s stock after selling 1,190 shares during the quarter. iShares Core Dividend Growth ETF accounts for about 0.9% of Guidance Capital Inc.’s investment portfolio, making the stock its 21st largest holding. Guidance Capital Inc.’s holdings in iShares Core Dividend Growth ETF were worth $2,793,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Tsfg LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 104.1% in the 2nd quarter. Tsfg LLC now owns 496 shares of the company’s stock valued at $29,000 after acquiring an additional 253 shares during the last quarter. ZRC Wealth Management LLC acquired a new position in iShares Core Dividend Growth ETF during the 1st quarter valued at approximately $44,000. Bfsg LLC acquired a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at approximately $61,000. Quent Capital LLC boosted its position in iShares Core Dividend Growth ETF by 49,900.0% during the 3rd quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock valued at $63,000 after purchasing an additional 998 shares during the period. Finally, Ridgewood Investments LLC acquired a new position in iShares Core Dividend Growth ETF during the 2nd quarter valued at approximately $68,000.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO traded down $0.16 during midday trading on Wednesday, reaching $63.13. 184,092 shares of the company traded hands, compared to its average volume of 1,392,818. iShares Core Dividend Growth ETF has a twelve month low of $47.19 and a twelve month high of $64.00. The firm has a market capitalization of $29.89 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company has a fifty day moving average price of $62.03 and a 200 day moving average price of $59.26.

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.