Acorn Financial Advisory Services Inc. ADV Sells 656 Shares of iShares Core Dividend Growth ETF $DGRO

Acorn Financial Advisory Services Inc. ADV decreased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,728 shares of the company’s stock after selling 656 shares during the quarter. Acorn Financial Advisory Services Inc. ADV’s holdings in iShares Core Dividend Growth ETF were worth $878,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of DGRO. Brighton Jones LLC grew its stake in shares of iShares Core Dividend Growth ETF by 52.5% during the fourth quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock valued at $411,000 after buying an additional 2,304 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of iShares Core Dividend Growth ETF by 7.4% during the first quarter. GAMMA Investing LLC now owns 60,626 shares of the company’s stock valued at $3,745,000 after buying an additional 4,186 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of iShares Core Dividend Growth ETF by 60.4% during the first quarter. Fifth Third Bancorp now owns 12,549 shares of the company’s stock valued at $775,000 after buying an additional 4,723 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares Core Dividend Growth ETF by 1.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 622,905 shares of the company’s stock valued at $38,483,000 after buying an additional 8,322 shares during the last quarter. Finally, Sound Income Strategies LLC grew its stake in shares of iShares Core Dividend Growth ETF by 235.2% during the first quarter. Sound Income Strategies LLC now owns 409 shares of the company’s stock valued at $25,000 after buying an additional 287 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

DGRO opened at $67.60 on Tuesday. The stock has a market cap of $34.19 billion, a price-to-earnings ratio of 19.66 and a beta of 0.89. The stock’s 50 day moving average price is $67.01 and its 200-day moving average price is $63.73. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year high of $68.88.

iShares Core Dividend Growth ETF 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.