iShares Core Dividend Growth ETF $DGRO Shares Sold by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC reduced its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 54.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 12,084 shares of the company’s stock after selling 14,232 shares during the quarter. Merkkuri Wealth Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $823,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Verdence Capital Advisors LLC raised its stake in iShares Core Dividend Growth ETF by 8.8% during the third quarter. Verdence Capital Advisors LLC now owns 57,846 shares of the company’s stock worth $4,001,000 after acquiring an additional 4,683 shares during the period. Rovin Capital UT ADV grew its holdings in shares of iShares Core Dividend Growth ETF by 9.6% during the third quarter. Rovin Capital UT ADV now owns 23,194 shares of the company’s stock valued at $1,579,000 after purchasing an additional 2,031 shares during the last quarter. Smith Thornton Advisors LLC raised its position in shares of iShares Core Dividend Growth ETF by 2.0% during the 3rd quarter. Smith Thornton Advisors LLC now owns 69,485 shares of the company’s stock worth $4,731,000 after purchasing an additional 1,390 shares during the period. Capital Advisory Group Advisory Services LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 8.2% in the 3rd quarter. Capital Advisory Group Advisory Services LLC now owns 7,508 shares of the company’s stock worth $511,000 after purchasing an additional 571 shares during the last quarter. Finally, Beacon Financial Advisory LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 3.6% in the 3rd quarter. Beacon Financial Advisory LLC now owns 57,761 shares of the company’s stock worth $3,932,000 after purchasing an additional 2,012 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO opened at $71.52 on Tuesday. The firm has a market capitalization of $37.20 billion, a P/E ratio of 19.66 and a beta of 0.84. The business has a 50 day simple moving average of $69.67 and a 200 day simple moving average of $67.79. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $71.66.

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.