WealthPlan Investment Management LLC Sells 29,686 Shares of iShares Core Dividend Growth ETF $DGRO

WealthPlan Investment Management LLC lowered its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 10.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 255,592 shares of the company’s stock after selling 29,686 shares during the quarter. iShares Core Dividend Growth ETF accounts for about 1.1% of WealthPlan Investment Management LLC’s investment portfolio, making the stock its 18th biggest holding. WealthPlan Investment Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $17,743,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of iShares Core Dividend Growth ETF by 1.1% in the third quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock worth $1,270,529,000 after acquiring an additional 195,211 shares during the period. Wealthfront Advisers LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 4.7% in the fourth quarter. Wealthfront Advisers LLC now owns 13,931,233 shares of the company’s stock worth $967,106,000 after acquiring an additional 628,342 shares during the period. Raymond James Financial Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 4.6% in the third quarter. Raymond James Financial Inc. now owns 10,467,035 shares of the company’s stock worth $712,596,000 after acquiring an additional 457,568 shares during the period. Jones Financial Companies Lllp grew its holdings in shares of iShares Core Dividend Growth ETF by 16.4% in the third quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock worth $583,076,000 after acquiring an additional 1,211,980 shares during the period. Finally, Capital Investment Advisors LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 2.7% in the fourth quarter. Capital Investment Advisors LLC now owns 8,339,921 shares of the company’s stock worth $578,957,000 after acquiring an additional 215,540 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO opened at $73.36 on Friday. The stock has a 50-day simple moving average of $71.67 and a two-hundred day simple moving average of $70.97. iShares Core Dividend Growth ETF has a 52-week low of $60.73 and a 52-week high of $74.28. The firm has a market capitalization of $39.48 billion, a PE ratio of 19.66 and a beta of 0.77.

iShares Core Dividend Growth ETF 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.