iShares Core Dividend Growth ETF $DGRO Stock Sold by International Assets Investment Management LLC

International Assets Investment Management LLC cut its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 82.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,550 shares of the company’s stock after selling 16,383 shares during the period. International Assets Investment Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $268,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Financial Freedom LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the first quarter worth about $35,000. John Boyer Inc. purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $35,000. Tompkins Financial Corp purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $50,000. Halbert Hargrove Global Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $51,000. Finally, Independence Bank of Kentucky raised its position in shares of iShares Core Dividend Growth ETF by 69.8% in the 3rd quarter. Independence Bank of Kentucky now owns 681 shares of the company’s stock valued at $51,000 after purchasing an additional 280 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.6%

Shares of DGRO traded down $0.45 during trading on Friday, reaching $79.80. The company’s stock had a trading volume of 2,703,060 shares, compared to its average volume of 1,838,785. The company has a market cap of $44.59 billion, a price-to-earnings ratio of 19.66 and a beta of 0.75. The company has a fifty day moving average of $78.28 and a two-hundred day moving average of $75.39. iShares Core Dividend Growth ETF has a twelve month low of $67.14 and a twelve month high of $82.90.

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.