PNC Financial Services Group Inc. Has $471.37 Million Stake in iShares Core Dividend Growth ETF $DGRO

PNC Financial Services Group Inc. decreased its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 10.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,790,175 shares of the company’s stock after selling 808,136 shares during the period. PNC Financial Services Group Inc. owned about 1.30% of iShares Core Dividend Growth ETF worth $471,374,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Post Resch Tallon Group Inc. lifted its position in shares of iShares Core Dividend Growth ETF by 0.5% during the 3rd quarter. Post Resch Tallon Group Inc. now owns 30,447 shares of the company’s stock worth $2,073,000 after buying an additional 150 shares during the last quarter. Cvfg LLC grew its position in iShares Core Dividend Growth ETF by 2.3% in the third quarter. Cvfg LLC now owns 6,595 shares of the company’s stock valued at $449,000 after acquiring an additional 150 shares during the last quarter. Dakota Wealth Management raised its stake in iShares Core Dividend Growth ETF by 3.3% during the fourth quarter. Dakota Wealth Management now owns 4,755 shares of the company’s stock worth $330,000 after acquiring an additional 150 shares in the last quarter. Huntleigh Advisors Inc. raised its stake in iShares Core Dividend Growth ETF by 4.3% during the fourth quarter. Huntleigh Advisors Inc. now owns 3,610 shares of the company’s stock worth $251,000 after acquiring an additional 150 shares in the last quarter. Finally, Centerpoint Advisory Group lifted its holdings in shares of iShares Core Dividend Growth ETF by 0.4% in the fourth quarter. Centerpoint Advisory Group now owns 35,329 shares of the company’s stock worth $2,453,000 after acquiring an additional 153 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.3%

DGRO opened at $73.54 on Wednesday. The company’s 50 day moving average is $71.74 and its 200-day moving average is $71.05. iShares Core Dividend Growth ETF has a 1-year low of $60.73 and a 1-year high of $74.28. The company has a market cap of $39.58 billion, a P/E ratio of 19.66 and a beta of 0.77.

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.