Tranquility Partners LLC Sells 1,684 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Tranquility Partners LLC cut its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 69,407 shares of the company’s stock after selling 1,684 shares during the period. iShares Core Dividend Growth ETF comprises 1.6% of Tranquility Partners LLC’s portfolio, making the stock its 15th biggest holding. Tranquility Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,271,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of DGRO. Truvestments Capital LLC acquired a new position in iShares Core Dividend Growth ETF during the third quarter valued at approximately $28,000. Ulland Investment Advisors LLC acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $27,000. Y.D. More Investments Ltd acquired a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $33,000. Tompkins Financial Corp acquired a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $41,000. Finally, SWAN Capital LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the third quarter valued at approximately $50,000.

iShares Core Dividend Growth ETF Stock Down 0.6 %

DGRO opened at $63.59 on Thursday. iShares Core Dividend Growth ETF has a 12-month low of $54.31 and a 12-month high of $65.08. The stock has a market cap of $30.11 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The business has a 50 day moving average of $62.53 and a 200-day moving average of $62.28.

iShares Core Dividend Growth ETF Company 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.