Redhawk Wealth Advisors Inc. Cuts Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Redhawk Wealth Advisors Inc. reduced its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 83,805 shares of the company’s stock after selling 2,344 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in iShares Core Dividend Growth ETF were worth $5,141,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of DGRO. Smith Anglin Financial LLC increased its stake in iShares Core Dividend Growth ETF by 4.4% in the 4th quarter. Smith Anglin Financial LLC now owns 1,405,839 shares of the company’s stock valued at $86,234,000 after buying an additional 59,147 shares during the last quarter. Clarus Wealth Advisors boosted its stake in shares of iShares Core Dividend Growth ETF by 6.2% in the 4th quarter. Clarus Wealth Advisors now owns 5,452 shares of the company’s stock worth $332,000 after buying an additional 317 shares during the last quarter. Meridian Financial Partners LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 8.2% in the fourth quarter. Meridian Financial Partners LLC now owns 349,463 shares of the company’s stock valued at $21,436,000 after acquiring an additional 26,627 shares in the last quarter. Quad Cities Investment Group LLC increased its position in shares of iShares Core Dividend Growth ETF by 1.2% during the fourth quarter. Quad Cities Investment Group LLC now owns 93,627 shares of the company’s stock valued at $5,743,000 after acquiring an additional 1,085 shares during the last quarter. Finally, Fortis Advisors LLC lifted its holdings in iShares Core Dividend Growth ETF by 20.2% during the fourth quarter. Fortis Advisors LLC now owns 7,664 shares of the company’s stock worth $470,000 after acquiring an additional 1,288 shares during the period.

iShares Core Dividend Growth ETF Trading Up 1.1 %

DGRO stock opened at $61.98 on Thursday. iShares Core Dividend Growth ETF has a 1-year low of $53.11 and a 1-year high of $65.08. The stock has a market cap of $29.34 billion, a P/E ratio of 19.25 and a beta of 0.71. The stock’s fifty day simple moving average is $62.87 and its two-hundred day simple moving average is $61.65.

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.