Sequoia Financial Advisors LLC Decreases Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Sequoia Financial Advisors LLC trimmed its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 15.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,766 shares of the company’s stock after selling 14,321 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $5,537,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Tortoise Investment Management LLC lifted its stake in iShares Core Dividend Growth ETF by 89.5% in the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock worth $26,000 after purchasing an additional 179 shares in the last quarter. Group One Trading LLC purchased a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $28,000. Costello Asset Management INC lifted its stake in iShares Core Dividend Growth ETF by 79.5% in the 3rd quarter. Costello Asset Management INC now owns 420 shares of the company’s stock worth $29,000 after purchasing an additional 186 shares in the last quarter. Strategic Wealth Investment Group LLC purchased a new position in iShares Core Dividend Growth ETF in the 2nd quarter worth approximately $29,000. Finally, Grey Fox Wealth Advisors LLC purchased a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $33,000.

iShares Core Dividend Growth ETF Price Performance

DGRO opened at $73.00 on Friday. The firm has a market capitalization of $39.28 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. The company’s 50 day simple moving average is $71.70 and its two-hundred day simple moving average is $70.78. iShares Core Dividend Growth ETF has a 1-year low of $60.47 and a 1-year high of $74.28.

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.