PNC Financial Services Group Inc. Sells 26,379 Shares of iShares Core Dividend Growth ETF $DGRO

PNC Financial Services Group Inc. lessened its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,719,023 shares of the company’s stock after selling 26,379 shares during the quarter. PNC Financial Services Group Inc. owned approximately 1.55% of iShares Core Dividend Growth ETF worth $493,554,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DGRO. Envestnet Asset Management Inc. increased its holdings in shares of iShares Core Dividend Growth ETF by 42.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock worth $865,424,000 after acquiring an additional 4,028,341 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new position in shares of iShares Core Dividend Growth ETF in the second quarter worth $175,229,000. Jones Financial Companies Lllp lifted its holdings in shares of iShares Core Dividend Growth ETF by 38.2% during the 1st quarter. Jones Financial Companies Lllp now owns 5,837,667 shares of the company’s stock worth $356,986,000 after acquiring an additional 1,612,709 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 6.4% in the 1st quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock valued at $969,797,000 after purchasing an additional 941,311 shares in the last quarter. Finally, Hughes Financial Services LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 86,423.7% during the 2nd quarter. Hughes Financial Services LLC now owns 591,822 shares of the company’s stock worth $38,356,000 after buying an additional 591,138 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 1.0%

Shares of DGRO stock opened at $68.78 on Wednesday. The business has a fifty day simple moving average of $67.87 and a 200 day simple moving average of $65.20. The company has a market cap of $34.91 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a twelve month low of $54.09 and a twelve month high of $69.20.

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.