Kestra Private Wealth Services LLC Sells 16,693 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Kestra Private Wealth Services LLC trimmed its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 8.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 172,504 shares of the company’s stock after selling 16,693 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $10,581,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ulland Investment Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at $27,000. Truvestments Capital LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth $28,000. Y.D. More Investments Ltd bought a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter worth $33,000. Tompkins Financial Corp purchased a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at $41,000. Finally, New Wave Wealth Advisors LLC bought a new position in iShares Core Dividend Growth ETF in the fourth quarter valued at about $49,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO opened at $63.28 on Friday. The stock’s 50-day simple moving average is $62.58 and its two-hundred day simple moving average is $62.19. The stock has a market capitalization of $29.96 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 52-week low of $54.31 and a 52-week high of $65.08.

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.