Robertson Stephens Wealth Management LLC Lowers Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Robertson Stephens Wealth Management LLC cut its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 66.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,892 shares of the company’s stock after selling 216,800 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,741,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Lincoln Capital LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 1.7% during the 4th quarter. Lincoln Capital LLC now owns 10,020 shares of the company’s stock worth $615,000 after acquiring an additional 168 shares in the last quarter. Adell Harriman & Carpenter Inc. increased its position in shares of iShares Core Dividend Growth ETF by 1.6% during the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock valued at $665,000 after purchasing an additional 170 shares during the last quarter. Empire Financial Management Company LLC increased its position in shares of iShares Core Dividend Growth ETF by 2.7% during the 3rd quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock valued at $405,000 after purchasing an additional 171 shares during the last quarter. Bluesphere Advisors LLC increased its position in shares of iShares Core Dividend Growth ETF by 2.8% during the 4th quarter. Bluesphere Advisors LLC now owns 6,499 shares of the company’s stock valued at $399,000 after purchasing an additional 177 shares during the last quarter. Finally, GSG Advisors LLC increased its position in shares of iShares Core Dividend Growth ETF by 0.5% during the 3rd quarter. GSG Advisors LLC now owns 35,815 shares of the company’s stock valued at $2,238,000 after purchasing an additional 186 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $63.80 on Thursday. The business’s 50 day moving average price is $62.64 and its 200-day moving average price is $62.13. The company has a market cap of $30.21 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a fifty-two week low of $54.31 and a fifty-two week high of $65.08.

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.