Central Pacific Bank Trust Division Cuts Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Central Pacific Bank Trust Division lessened its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 88.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 8,521 shares of the company’s stock after selling 68,095 shares during the quarter. Central Pacific Bank Trust Division’s holdings in iShares Core Dividend Growth ETF were worth $523,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DGRO. Adell Harriman & Carpenter Inc. raised its stake in shares of iShares Core Dividend Growth ETF by 1.6% in the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock valued at $665,000 after acquiring an additional 170 shares during the period. Empire Financial Management Company LLC raised its position in iShares Core Dividend Growth ETF by 2.7% in the third quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock valued at $405,000 after purchasing an additional 171 shares during the period. GSG Advisors LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 0.5% during the third quarter. GSG Advisors LLC now owns 35,815 shares of the company’s stock worth $2,238,000 after purchasing an additional 186 shares in the last quarter. Alta Wealth Advisors LLC boosted its position in shares of iShares Core Dividend Growth ETF by 2.6% in the third quarter. Alta Wealth Advisors LLC now owns 7,693 shares of the company’s stock worth $482,000 after buying an additional 194 shares during the period. Finally, HHM Wealth Advisors LLC grew its stake in shares of iShares Core Dividend Growth ETF by 5.7% in the second quarter. HHM Wealth Advisors LLC now owns 3,730 shares of the company’s stock valued at $215,000 after buying an additional 200 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock opened at $61.52 on Friday. The firm has a market capitalization of $29.13 billion, a PE 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 stock’s 50 day moving average price is $63.03 and its 200 day moving average price is $61.43.

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.