Tandem Capital Management Corp ADV Trims Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Tandem Capital Management Corp ADV lowered its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,479 shares of the company’s stock after selling 260 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in iShares Core Dividend Growth ETF were worth $349,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. HBK Sorce Advisory LLC raised its stake in iShares Core Dividend Growth ETF by 3.7% during the fourth quarter. HBK Sorce Advisory LLC now owns 5,166 shares of the company’s stock valued at $278,000 after buying an additional 184 shares in the last quarter. Warner Financial Inc. raised its position in shares of iShares Core Dividend Growth ETF by 1.5% during the 4th quarter. Warner Financial Inc. now owns 13,216 shares of the company’s stock worth $711,000 after purchasing an additional 194 shares during the period. Ayrshire Capital Management LLC raised its position in shares of iShares Core Dividend Growth ETF by 2.1% during the 4th quarter. Ayrshire Capital Management LLC now owns 9,837 shares of the company’s stock worth $529,000 after purchasing an additional 199 shares during the period. Centurion Wealth Management LLC raised its position in shares of iShares Core Dividend Growth ETF by 0.6% during the 3rd quarter. Centurion Wealth Management LLC now owns 34,693 shares of the company’s stock worth $1,718,000 after purchasing an additional 209 shares during the period. Finally, Financial Life Advisors raised its position in shares of iShares Core Dividend Growth ETF by 0.7% during the 3rd quarter. Financial Life Advisors now owns 32,339 shares of the company’s stock worth $1,602,000 after purchasing an additional 240 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of iShares Core Dividend Growth ETF stock traded down $0.17 on Thursday, reaching $56.42. 1,434,488 shares of the company were exchanged, compared to its average volume of 1,589,778. The company’s 50-day moving average is $56.60 and its two-hundred day moving average is $53.70. The firm has a market cap of $26.57 billion, a price-to-earnings ratio of 18.84 and a beta of 0.89. iShares Core Dividend Growth ETF has a 1-year low of $47.19 and a 1-year high of $58.19.

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.