iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Sold by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC trimmed its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 24,948 shares of the company’s stock after selling 719 shares during the period. Bouvel Investment Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,530,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Truvestments Capital LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at $28,000. SWAN Capital LLC acquired a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth about $50,000. Bfsg LLC purchased a new stake in iShares Core Dividend Growth ETF during the third quarter valued at about $61,000. Quent Capital LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 49,900.0% in the third quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock worth $63,000 after buying an additional 998 shares during the period. Finally, Darwin Wealth Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth approximately $105,000.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $62.28 on Friday. The company’s 50 day simple moving average is $62.80 and its 200-day simple moving average is $61.66. iShares Core Dividend Growth ETF has a 52-week low of $53.11 and a 52-week high of $65.08. The firm has a market capitalization of $29.49 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.