Fermata Advisors LLC Reduces Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Fermata Advisors LLC reduced its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 13.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,461 shares of the company’s stock after selling 9,928 shares during the period. Fermata Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $3,831,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. HF Advisory Group LLC boosted its stake in iShares Core Dividend Growth ETF by 1.7% in the 3rd quarter. HF Advisory Group LLC now owns 98,569 shares of the company’s stock worth $6,179,000 after purchasing an additional 1,627 shares during the period. Cornell Pochily Investment Advisors Inc. boosted its position in shares of iShares Core Dividend Growth ETF by 7.6% in the third quarter. Cornell Pochily Investment Advisors Inc. now owns 73,962 shares of the company’s stock valued at $4,637,000 after acquiring an additional 5,254 shares during the period. World Investment Advisors LLC grew its stake in iShares Core Dividend Growth ETF by 45.8% during the third quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock valued at $2,323,000 after acquiring an additional 11,634 shares in the last quarter. Fisher Asset Management LLC bought a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $208,000. Finally, Newbridge Financial Services Group Inc. lifted its stake in iShares Core Dividend Growth ETF by 2.0% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 18,129 shares of the company’s stock worth $1,044,000 after purchasing an additional 362 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $62.28 on Friday. The company has a market cap of $29.49 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a one year low of $53.11 and a one year high of $65.08. The firm has a fifty day moving average price of $62.80 and a two-hundred day moving average price of $61.66.

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.