Cornell Pochily Investment Advisors Inc. Cuts Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Cornell Pochily Investment Advisors Inc. cut its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.0% in the fourth quarter, HoldingsChannel reports. The firm owned 71,057 shares of the company’s stock after selling 752 shares during the quarter. iShares Core Dividend Growth ETF accounts for 1.6% of Cornell Pochily Investment Advisors Inc.’s portfolio, making the stock its 13th largest position. Cornell Pochily Investment Advisors Inc.’s holdings in iShares Core Dividend Growth ETF were worth $3,824,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Raleigh Capital Management Inc. bought a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth about $27,000. Benjamin Edwards Inc. grew its stake in shares of iShares Core Dividend Growth ETF by 151.3% during the second quarter. Benjamin Edwards Inc. now owns 573 shares of the company’s stock worth $30,000 after acquiring an additional 345 shares during the last quarter. Tower Research Capital LLC TRC purchased a new stake in shares of iShares Core Dividend Growth ETF during the second quarter worth about $33,000. Finally, Phillips Financial Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth about $37,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO traded up $0.09 during trading hours on Thursday, reaching $57.97. The stock had a trading volume of 385,074 shares, compared to its average volume of 1,608,007. iShares Core Dividend Growth ETF has a 52-week low of $47.19 and a 52-week high of $58.04. The stock has a market cap of $26.83 billion, a P/E ratio of 15.16 and a beta of 0.89. The stock has a fifty day moving average of $55.85 and a 200 day moving average of $52.83.

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.