Raymond James & Associates Decreases Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Raymond James & Associates decreased its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,470,630 shares of the company’s stock after selling 43,374 shares during the quarter. Raymond James & Associates owned 0.52% of iShares Core Dividend Growth ETF worth $143,445,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Etfidea LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 1.2% during the 3rd quarter. Etfidea LLC now owns 563,525 shares of the company’s stock worth $27,911,000 after purchasing an additional 6,948 shares during the period. Financial Insights Inc. purchased a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth $2,211,000. Tritonpoint Wealth LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth $299,000. Regent Peak Wealth Advisors LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 2.1% during the 3rd quarter. Regent Peak Wealth Advisors LLC now owns 146,980 shares of the company’s stock worth $7,280,000 after purchasing an additional 3,081 shares during the period. Finally, Schwarz Dygos Wheeler Investment Advisors LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 1.6% during the 3rd quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 275,767 shares of the company’s stock worth $13,659,000 after purchasing an additional 4,391 shares during the period.

iShares Core Dividend Growth ETF Trading Down 1.1 %

Shares of iShares Core Dividend Growth ETF stock traded down $0.65 during trading hours on Tuesday, reaching $55.95. 1,399,324 shares of the company’s stock were exchanged, compared to its average volume of 1,581,026. iShares Core Dividend Growth ETF has a 52-week low of $47.19 and a 52-week high of $58.19. The firm has a market capitalization of $26.34 billion, a price-to-earnings ratio of 18.84 and a beta of 0.89. The company has a fifty day moving average of $56.66 and a 200-day moving average of $53.88.

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.