Royal Fund Management LLC Decreases Position in iShares Core Dividend Growth ETF $DGRO

Royal Fund Management LLC decreased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 24.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 93,527 shares of the company’s stock after selling 29,849 shares during the quarter. Royal Fund Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,368,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Dagco Inc. boosted its holdings in iShares Core Dividend Growth ETF by 2.4% during the 3rd quarter. Dagco Inc. now owns 510,449 shares of the company’s stock valued at $34,751,000 after acquiring an additional 12,022 shares during the period. Bank of Montreal Can lifted its position in shares of iShares Core Dividend Growth ETF by 25.8% during the second quarter. Bank of Montreal Can now owns 48,384 shares of the company’s stock worth $3,094,000 after purchasing an additional 9,936 shares during the last quarter. Atlantic Union Bankshares Corp boosted its stake in shares of iShares Core Dividend Growth ETF by 39.4% during the second quarter. Atlantic Union Bankshares Corp now owns 10,612 shares of the company’s stock valued at $679,000 after purchasing an additional 3,001 shares during the period. American Trust grew its holdings in shares of iShares Core Dividend Growth ETF by 44.5% in the second quarter. American Trust now owns 917,657 shares of the company’s stock worth $58,675,000 after purchasing an additional 282,505 shares during the last quarter. Finally, Asset Dedication LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 21.4% in the second quarter. Asset Dedication LLC now owns 118,356 shares of the company’s stock worth $7,568,000 after purchasing an additional 20,867 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO opened at $71.52 on Monday. The firm has a market capitalization of $37.20 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 1-year low of $54.09 and a 1-year high of $71.66. The company has a 50-day moving average of $69.60 and a 200 day moving average of $67.75.

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.