Pallas Capital Advisors LLC Sells 288 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Pallas Capital Advisors LLC reduced its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,575 shares of the company’s stock after selling 288 shares during the period. Pallas Capital Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $710,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of DGRO. Truvestments Capital LLC bought a new position in iShares Core Dividend Growth ETF during the third quarter valued at approximately $28,000. SWAN Capital LLC purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter valued at $50,000. Bfsg LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at $61,000. Quent Capital LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 49,900.0% in the 3rd quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock worth $63,000 after buying an additional 998 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the third quarter worth $105,000.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $61.28 on Wednesday. The company has a market cap of $29.01 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The business’s 50-day moving average is $62.89 and its two-hundred day moving average is $61.62. iShares Core Dividend Growth ETF has a fifty-two week low of $53.11 and a fifty-two week high of $65.08.

iShares Core Dividend Growth ETF Company 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.