KCM Investment Advisors LLC Sells 2,543 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

KCM Investment Advisors LLC reduced its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 5.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,438 shares of the company’s stock after selling 2,543 shares during the period. KCM Investment Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,535,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DGRO. Tsfg LLC grew its position 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 worth $29,000 after buying an additional 253 shares during the last quarter. Bfsg LLC purchased a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at about $61,000. Quent Capital LLC increased its stake in shares of iShares Core Dividend Growth ETF by 49,900.0% during the third quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock valued at $63,000 after purchasing an additional 998 shares in the last quarter. Ridgewood Investments LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the second quarter valued at approximately $68,000. Finally, Massmutual Trust Co. FSB ADV boosted its position in shares of iShares Core Dividend Growth ETF by 15.8% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 1,800 shares of the company’s stock worth $113,000 after purchasing an additional 246 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.6 %

Shares of NYSEARCA:DGRO opened at $63.00 on Friday. The stock has a fifty day simple moving average of $62.70 and a two-hundred day simple moving average of $60.07. iShares Core Dividend Growth ETF has a 12-month low of $50.54 and a 12-month high of $64.52. The stock has a market capitalization of $29.83 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.