Summit Investment Advisory Services LLC cut its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report) by 4.9% during the first quarter, Holdings Channel reports. The institutional investor owned 331,991 shares of the company’s stock after selling 17,110 shares during the quarter. iShares Core Dividend Growth ETF comprises 8.7% of Summit Investment Advisory Services LLC’s investment portfolio, making the stock its 5th biggest holding. Summit Investment Advisory Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $23,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. D.A. Davidson & CO. lifted its position in shares of iShares Core Dividend Growth ETF by 9.7% during the 4th quarter. D.A. Davidson & CO. now owns 137,795 shares of the company’s stock valued at $9,566,000 after acquiring an additional 12,183 shares during the period. CVA Family Office LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 91.3% during the 4th quarter. CVA Family Office LLC now owns 116,205 shares of the company’s stock worth $8,067,000 after acquiring an additional 55,475 shares in the last quarter. Avior Wealth Management LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 7.7% in the 4th quarter. Avior Wealth Management LLC now owns 1,907,665 shares of the company’s stock worth $132,430,000 after acquiring an additional 135,877 shares during the period. Directional Asset Management acquired a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $3,630,000. Finally, Pallas Capital Advisors LLC increased its stake in iShares Core Dividend Growth ETF by 81.7% in the 4th quarter. Pallas Capital Advisors LLC now owns 20,555 shares of the company’s stock valued at $1,427,000 after purchasing an additional 9,241 shares in the last quarter.
iShares Core Dividend Growth ETF Price Performance
NYSEARCA DGRO opened at $75.79 on Wednesday. The business has a 50 day moving average price of $74.34 and a 200 day moving average price of $72.42. The company has a market capitalization of $40.79 billion, a P/E ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 1-year low of $63.76 and a 1-year high of $76.24.
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.
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Want to see what other hedge funds are holding DGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report).
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