D Orazio & Associates Inc. Sells 10,412 Shares of iShares Core Dividend Growth ETF $DGRO

D Orazio & Associates Inc. reduced its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 441,376 shares of the company’s stock after selling 10,412 shares during the period. iShares Core Dividend Growth ETF makes up approximately 3.9% of D Orazio & Associates Inc.’s holdings, making the stock its 8th biggest holding. D Orazio & Associates Inc.’s holdings in iShares Core Dividend Growth ETF were worth $30,640,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of DGRO. Tortoise Investment Management LLC raised its holdings in iShares Core Dividend Growth ETF by 89.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock worth $26,000 after buying an additional 179 shares during the period. Group One Trading LLC acquired a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $28,000. Costello Asset Management INC raised its holdings in iShares Core Dividend Growth ETF by 79.5% during the 3rd quarter. Costello Asset Management INC now owns 420 shares of the company’s stock worth $29,000 after buying an additional 186 shares during the period. Strategic Wealth Investment Group LLC acquired a new stake in iShares Core Dividend Growth ETF during the 2nd quarter worth approximately $29,000. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $33,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $73.00 on Friday. The company has a market capitalization of $39.28 billion, a P/E ratio of 19.66 and a beta of 0.77. The company’s 50 day moving average price is $71.70 and its two-hundred day moving average price is $70.78. iShares Core Dividend Growth ETF has a 52 week low of $60.47 and a 52 week high of $74.28.

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.