Tandem Wealth Advisors LLC Trims Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Tandem Wealth Advisors LLC decreased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 204,461 shares of the company’s stock after selling 6,850 shares during the period. iShares Core Dividend Growth ETF accounts for about 6.4% of Tandem Wealth Advisors LLC’s portfolio, making the stock its 7th largest position. Tandem Wealth Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $12,542,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. First Foundation Advisors increased its holdings in shares of iShares Core Dividend Growth ETF by 19.7% in the 4th quarter. First Foundation Advisors now owns 53,954 shares of the company’s stock worth $3,310,000 after buying an additional 8,885 shares during the last quarter. Colonial Trust Advisors increased its stake in iShares Core Dividend Growth ETF by 6.6% during the fourth quarter. Colonial Trust Advisors now owns 236,263 shares of the company’s stock worth $14,492,000 after acquiring an additional 14,617 shares during the last quarter. Bernard Wealth Management Corp. purchased a new stake in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $543,000. Bank of Montreal Can lifted its stake in shares of iShares Core Dividend Growth ETF by 3.4% in the 4th quarter. Bank of Montreal Can now owns 32,917 shares of the company’s stock valued at $2,019,000 after purchasing an additional 1,085 shares during the last quarter. Finally, Soundwatch Capital LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 7.3% in the 4th quarter. Soundwatch Capital LLC now owns 5,656 shares of the company’s stock worth $347,000 after purchasing an additional 384 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $57.35 on Friday. The business’s 50 day moving average price is $61.91 and its 200-day moving average price is $62.53. iShares Core Dividend Growth ETF has a fifty-two week low of $54.09 and a fifty-two week high of $65.08. The company has a market cap of $28.22 billion, a P/E ratio of 20.41 and a beta of 0.86.

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.