iShares Core Dividend Growth ETF $DGRO Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.0% during the third quarter, Holdings Channel reports. The firm owned 3,319,402 shares of the company’s stock after selling 210,717 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Core Dividend Growth ETF were worth $225,985,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of DGRO. Calton & Associates Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 4.5% during the third quarter. Calton & Associates Inc. now owns 62,122 shares of the company’s stock worth $4,229,000 after buying an additional 2,700 shares in the last quarter. EQ LLC purchased a new stake in iShares Core Dividend Growth ETF in the third quarter valued at approximately $4,268,000. HighTower Advisors LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 15.7% in the 3rd quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock valued at $337,810,000 after purchasing an additional 673,706 shares during the last quarter. Berkshire Asset Management LLC PA purchased a new stake in iShares Core Dividend Growth ETF during the third quarter valued at about $289,000. Finally, MSH Capital Advisors LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 3.1% in the 3rd quarter. MSH Capital Advisors LLC now owns 10,651 shares of the company’s stock worth $725,000 after purchasing an additional 325 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.2%

Shares of NYSEARCA DGRO opened at $73.79 on Friday. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $74.28. The stock has a fifty day moving average price of $71.41 and a 200 day moving average price of $69.03. The company has a market cap of $38.53 billion, a P/E ratio of 19.66 and a beta of 0.84.

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.