First Commonwealth Financial Corp PA Sells 182 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

First Commonwealth Financial Corp PA decreased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,709 shares of the company’s stock after selling 182 shares during the quarter. First Commonwealth Financial Corp PA’s holdings in iShares Core Dividend Growth ETF were worth $228,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Ulland Investment Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at about $27,000. Y.D. More Investments Ltd bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $33,000. Rialto Wealth Management LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter worth approximately $33,000. Synergy Investment Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $37,000. Finally, Tompkins Financial Corp acquired a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at $41,000.

iShares Core Dividend Growth ETF Price Performance

DGRO opened at $58.22 on Friday. 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 capitalization of $28.65 billion, a P/E ratio of 20.41 and a beta of 0.86. The firm’s fifty day moving average price is $61.41 and its two-hundred day moving average price is $62.39.

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.