Certified Advisory Corp Cuts Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Certified Advisory Corp reduced its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,123 shares of the company’s stock after selling 545 shares during the quarter. Certified Advisory Corp’s holdings in iShares Core Dividend Growth ETF were worth $1,763,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Flagstar Advisors Inc. lifted its position in iShares Core Dividend Growth ETF by 0.5% during the third quarter. Flagstar Advisors Inc. now owns 249,902 shares of the company’s stock valued at $15,666,000 after buying an additional 1,171 shares in the last quarter. Nwam LLC acquired a new position in iShares Core Dividend Growth ETF in the third quarter worth $241,000. Meridian Wealth Management LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 12.4% during the third quarter. Meridian Wealth Management LLC now owns 183,238 shares of the company’s stock valued at $11,487,000 after acquiring an additional 20,156 shares during the period. Concorde Asset Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the third quarter valued at $212,000. Finally, Wrenne Financial Planning LLC bought a new position in iShares Core Dividend Growth ETF in the 3rd quarter valued at about $209,000.

iShares Core Dividend Growth ETF Stock Up 0.8 %

Shares of DGRO opened at $64.26 on Friday. The firm has a 50-day moving average price of $62.88 and a 200 day moving average price of $60.27. The firm has a market capitalization of $30.42 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 52-week low of $51.03 and a 52-week high of $64.52.

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.