Demars Financial Group LLC Sells 35,305 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Demars Financial Group LLC trimmed its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 76.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,893 shares of the company’s stock after selling 35,305 shares during the period. Demars Financial Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $586,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of DGRO. Raleigh Capital Management Inc. bought a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in iShares Core Dividend Growth ETF during the third quarter valued at $27,000. Phillips Financial Management LLC purchased a new position in iShares Core Dividend Growth ETF during the third quarter valued at $37,000. BluePath Capital Management LLC purchased a new position in iShares Core Dividend Growth ETF during the third quarter valued at $44,000. Finally, Versant Capital Management Inc purchased a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at $46,000.

iShares Core Dividend Growth ETF Stock Performance

DGRO opened at $56.30 on Wednesday. The stock has a market capitalization of $26.51 billion, a price-to-earnings ratio of 18.84 and a beta of 0.89. The company has a fifty day moving average of $56.57 and a 200 day moving average of $53.68. iShares Core Dividend Growth ETF has a fifty-two week low of $47.19 and a fifty-two week high of $58.19.

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.