Commonwealth Financial Services LLC Sells 337 Shares of iShares Core Dividend Growth ETF $DGRO

Commonwealth Financial Services LLC decreased its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,819 shares of the company’s stock after selling 337 shares during the quarter. Commonwealth Financial Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,075,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of DGRO. Sound Income Strategies LLC grew its holdings in 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 worth $25,000 after buying an additional 287 shares in the last quarter. Proathlete Wealth Management LLC bought a new stake in iShares Core Dividend Growth ETF during the second quarter worth $25,000. Rise Advisors LLC bought a new stake in iShares Core Dividend Growth ETF during the first quarter worth $27,000. Cornerstone Planning Group LLC bought a new stake in iShares Core Dividend Growth ETF during the first quarter worth $30,000. Finally, Keystone Global Partners LLC bought a new stake in iShares Core Dividend Growth ETF during the second quarter worth $30,000.

iShares Core Dividend Growth ETF Trading Down 1.8%

Shares of iShares Core Dividend Growth ETF stock opened at $66.93 on Friday. The stock has a fifty day simple moving average of $66.95 and a 200 day simple moving average of $63.67. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $68.88. The company has a market capitalization of $33.85 billion, a P/E ratio of 19.66 and a beta of 0.89.

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.