Wolff Financial Management LLC Sells 1,470 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Wolff Financial Management LLC trimmed its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 508,917 shares of the company’s stock after selling 1,470 shares during the period. iShares Core Dividend Growth ETF makes up about 8.7% of Wolff Financial Management LLC’s holdings, making the stock its 3rd largest holding. Wolff Financial Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $31,217,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of DGRO. Truvestments Capital LLC bought a new position in iShares Core Dividend Growth ETF during the third quarter worth about $28,000. Ulland Investment Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth approximately $27,000. Tompkins Financial Corp acquired a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth approximately $41,000. SWAN Capital LLC bought a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at $50,000. Finally, Bfsg LLC acquired a new stake in iShares Core Dividend Growth ETF during the 3rd quarter valued at $61,000.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO opened at $63.33 on Friday. The company has a market cap of $29.98 billion, a P/E ratio of 19.25 and a beta of 0.71. The firm’s fifty day moving average price is $62.71 and its two-hundred day moving average price is $61.88. iShares Core Dividend Growth ETF has a one year low of $54.31 and a one year high of $65.08.

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.