Compass Ion Advisors LLC Has $21.07 Million Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Compass Ion Advisors LLC reduced its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 362,876 shares of the company’s stock after selling 6,395 shares during the quarter. iShares Core Dividend Growth ETF comprises 3.0% of Compass Ion Advisors LLC’s holdings, making the stock its 5th largest position. Compass Ion Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $21,069,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Vima LLC acquired a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at $25,000. Voisard Asset Management Group Inc. acquired a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at $27,000. Raleigh Capital Management Inc. bought a new position in shares of iShares Core Dividend Growth ETF in the third quarter valued at about $26,000. Private Wealth Management Group LLC acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter worth about $36,000. Finally, Central Bank & Trust Co. lifted its position in iShares Core Dividend Growth ETF by 67.5% during the 1st quarter. Central Bank & Trust Co. now owns 774 shares of the company’s stock worth $45,000 after buying an additional 312 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.1 %

DGRO opened at $57.61 on Monday. iShares Core Dividend Growth ETF has a 1-year low of $47.19 and a 1-year high of $58.61. The stock has a market capitalization of $27.28 billion, a PE ratio of 19.25 and a beta of 0.71. The firm has a 50-day moving average price of $57.35 and a two-hundred day moving average price of $56.10.

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.