Prepared Retirement Institute LLC Sells 1,850 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Prepared Retirement Institute LLC cut its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.3% during the 4th quarter, HoldingsChannel reports. The fund owned 27,733 shares of the company’s stock after selling 1,850 shares during the quarter. iShares Core Dividend Growth ETF makes up 1.0% of Prepared Retirement Institute LLC’s investment portfolio, making the stock its 17th biggest position. Prepared Retirement Institute LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,701,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Counterweight Ventures LLC lifted its stake in iShares Core Dividend Growth ETF by 1.3% in the fourth quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock worth $1,658,000 after purchasing an additional 349 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth about $3,573,000. Ranch Capital Advisors Inc. increased its holdings in shares of iShares Core Dividend Growth ETF by 1.7% in the fourth quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock worth $1,143,000 after buying an additional 317 shares during the period. World Investment Advisors LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 45.8% in the 3rd quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock valued at $2,323,000 after acquiring an additional 11,634 shares during the last quarter. Finally, Sterling Wealth Advisors Inc purchased a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at about $1,969,000.

iShares Core Dividend Growth ETF Price Performance

DGRO opened at $57.35 on Friday. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $65.08. The stock’s 50 day simple moving average is $61.91 and its 200 day simple moving average is $62.53. The firm has a market cap of $28.22 billion, a price-to-earnings 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.