iShares Core Dividend Growth ETF $DGRO Stake Lowered by IFS Advisors LLC

IFS Advisors LLC reduced its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 205,834 shares of the company’s stock after selling 670 shares during the period. iShares Core Dividend Growth ETF accounts for 10.0% of IFS Advisors LLC’s investment portfolio, making the stock its 4th largest holding. IFS Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $13,161,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in DGRO. Brighton Jones LLC lifted its position in shares of iShares Core Dividend Growth ETF by 52.5% in the fourth quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock worth $411,000 after buying an additional 2,304 shares in the last quarter. NBC Securities Inc. lifted its position in shares of iShares Core Dividend Growth ETF by 103,900.0% in the first quarter. NBC Securities Inc. now owns 2,080 shares of the company’s stock worth $128,000 after buying an additional 2,078 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Core Dividend Growth ETF in the first quarter worth about $102,000. Signal Advisors Wealth LLC lifted its position in shares of iShares Core Dividend Growth ETF by 3.9% in the first quarter. Signal Advisors Wealth LLC now owns 9,166 shares of the company’s stock worth $566,000 after buying an additional 344 shares in the last quarter. Finally, First National Corp MA ADV lifted its position in shares of iShares Core Dividend Growth ETF by 3.4% in the first quarter. First National Corp MA ADV now owns 106,471 shares of the company’s stock worth $6,578,000 after buying an additional 3,487 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.5%

NYSEARCA:DGRO opened at $68.58 on Friday. The company has a market capitalization of $34.66 billion, a P/E ratio of 19.66 and a beta of 0.89. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $68.88. The business’s 50-day moving average is $66.64 and its 200 day moving average is $63.45.

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.