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

Central Pacific Bank Trust Division trimmed its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 88.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 8,521 shares of the company’s stock after selling 68,095 shares during the period. Central Pacific Bank Trust Division’s holdings in iShares Core Dividend Growth ETF were worth $523,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. HF Advisory Group LLC increased 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 valued at $6,179,000 after buying an additional 1,627 shares during the period. Cornell Pochily Investment Advisors Inc. increased its stake in shares of iShares Core Dividend Growth ETF by 7.6% during the third quarter. Cornell Pochily Investment Advisors Inc. now owns 73,962 shares of the company’s stock worth $4,637,000 after acquiring an additional 5,254 shares during the period. World Investment Advisors LLC raised its holdings 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 worth $2,323,000 after purchasing an additional 11,634 shares in the last quarter. Fisher Asset Management LLC acquired a new stake in iShares Core Dividend Growth ETF in the third quarter valued at about $208,000. Finally, Newbridge Financial Services Group Inc. boosted its holdings 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 valued at $1,044,000 after purchasing an additional 362 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.7 %

Shares of DGRO stock opened at $61.52 on Friday. The stock has a 50 day simple moving average of $63.03 and a 200-day simple moving average of $61.43. The company has a market cap of $29.13 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12-month low of $53.11 and a 12-month 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.