Gallacher Capital Management LLC Sells 6,161 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Gallacher Capital Management LLC lessened its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 16.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 31,875 shares of the company’s stock after selling 6,161 shares during the quarter. iShares Core Dividend Growth ETF makes up 1.0% of Gallacher Capital Management LLC’s investment portfolio, making the stock its 17th biggest holding. Gallacher Capital Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,716,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of DGRO. Etfidea LLC lifted its holdings in iShares Core Dividend Growth ETF by 1.2% during the 3rd quarter. Etfidea LLC now owns 563,525 shares of the company’s stock worth $27,911,000 after buying an additional 6,948 shares during the period. Financial Insights Inc. acquired a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth approximately $2,211,000. Tritonpoint Wealth LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth approximately $299,000. Regent Peak Wealth Advisors LLC boosted its holdings in iShares Core Dividend Growth ETF by 2.1% in the third quarter. Regent Peak Wealth Advisors LLC now owns 146,980 shares of the company’s stock valued at $7,280,000 after acquiring an additional 3,081 shares during the last quarter. Finally, Schwarz Dygos Wheeler Investment Advisors LLC increased its position in iShares Core Dividend Growth ETF by 1.6% during the 3rd quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 275,767 shares of the company’s stock valued at $13,659,000 after purchasing an additional 4,391 shares during the period.

iShares Core Dividend Growth ETF Stock Up 0.8 %

iShares Core Dividend Growth ETF stock traded up $0.46 during mid-day trading on Friday, hitting $56.49. 1,396,329 shares of the stock were exchanged, compared to its average volume of 1,597,369. The firm’s fifty day simple moving average is $56.68 and its two-hundred day simple moving average is $54.06. iShares Core Dividend Growth ETF has a 12 month low of $47.19 and a 12 month high of $58.19. The stock has a market capitalization of $26.75 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.