iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Sold by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI lowered its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 38.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,813 shares of the company’s stock after selling 3,582 shares during the period. Citizens Financial Group Inc. RI’s holdings in iShares Core Dividend Growth ETF were worth $357,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of DGRO. Counterweight Ventures LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 1.3% during the fourth quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock valued at $1,658,000 after acquiring an additional 349 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at $3,573,000. Ranch Capital Advisors Inc. lifted its position in shares of iShares Core Dividend Growth ETF by 1.7% in the fourth quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock worth $1,143,000 after buying an additional 317 shares during the last quarter. World Investment Advisors LLC boosted its position in iShares Core Dividend Growth ETF by 45.8% during the third quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock worth $2,323,000 after purchasing an additional 11,634 shares during the period. Finally, Sterling Wealth Advisors Inc bought a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter worth $1,969,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO opened at $60.67 on Friday. The company has a market cap of $29.73 billion, a P/E ratio of 22.22 and a beta of 0.89. The stock’s 50-day moving average is $62.91 and its 200-day moving average is $62.79. iShares Core Dividend Growth ETF has a 52-week low of $55.08 and a 52-week high of $65.08.

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.