Vestmark Advisory Solutions Inc. Has $36.08 Million Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Vestmark Advisory Solutions Inc. trimmed its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.4% in the fourth quarter, HoldingsChannel reports. The firm owned 588,250 shares of the company’s stock after selling 27,354 shares during the period. iShares Core Dividend Growth ETF makes up about 1.2% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 11th largest position. Vestmark Advisory Solutions Inc.’s holdings in iShares Core Dividend Growth ETF were worth $36,083,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ulland Investment Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at about $27,000. Truvestments Capital LLC bought a new stake in iShares Core Dividend Growth ETF during the 3rd quarter valued at $28,000. Y.D. More Investments Ltd purchased a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at about $33,000. Synergy Investment Management LLC bought a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at $37,000. Finally, Tompkins Financial Corp purchased a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at about $41,000.

iShares Core Dividend Growth ETF Trading Up 0.7 %

Shares of iShares Core Dividend Growth ETF stock opened at $63.04 on Thursday. iShares Core Dividend Growth ETF has a 12-month low of $55.08 and a 12-month high of $65.08. The company’s fifty day simple moving average is $62.84 and its two-hundred day simple moving average is $62.74. The company has a market cap of $30.89 billion, a P/E ratio of 22.22 and a beta of 0.89.

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.