iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Sold by Summit Investment Advisory Services LLC

Summit Investment Advisory Services LLC decreased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 430,207 shares of the company’s stock after selling 3,188 shares during the quarter. iShares Core Dividend Growth ETF accounts for approximately 14.6% of Summit Investment Advisory Services LLC’s investment portfolio, making the stock its 2nd largest position. Summit Investment Advisory Services LLC owned 0.09% of iShares Core Dividend Growth ETF worth $23,154,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of DGRO. MJP Associates Inc. ADV acquired a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $210,000. Professional Financial Advisors LLC increased its position in iShares Core Dividend Growth ETF by 1.1% during the 4th quarter. Professional Financial Advisors LLC now owns 84,449 shares of the company’s stock valued at $4,545,000 after purchasing an additional 886 shares during the period. First National Corp MA ADV increased its position in iShares Core Dividend Growth ETF by 5.0% during the 4th quarter. First National Corp MA ADV now owns 95,824 shares of the company’s stock valued at $5,157,000 after purchasing an additional 4,563 shares during the period. IFG Advisory LLC increased its position in iShares Core Dividend Growth ETF by 3.9% during the 4th quarter. IFG Advisory LLC now owns 15,223 shares of the company’s stock valued at $819,000 after purchasing an additional 568 shares during the period. Finally, Family Legacy Inc. increased its position in iShares Core Dividend Growth ETF by 3.0% during the 4th quarter. Family Legacy Inc. now owns 72,638 shares of the company’s stock valued at $3,909,000 after purchasing an additional 2,124 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of iShares Core Dividend Growth ETF stock traded up $0.18 on Friday, reaching $58.06. 1,234,328 shares of the company’s stock were exchanged, compared to its average volume of 1,623,687. The company has a market capitalization of $26.87 billion, a P/E ratio of 15.16 and a beta of 0.89. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $58.19. The firm’s 50-day moving average is $55.94 and its two-hundred day moving average is $52.86.

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.