iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Sold by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC lowered its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 106,889 shares of the company’s stock after selling 3,003 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,604,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE increased its holdings in shares of iShares Core Dividend Growth ETF by 3.9% during the fourth quarter. Bank of America Corp DE now owns 18,265,578 shares of the company’s stock valued at $1,120,411,000 after acquiring an additional 679,471 shares in the last quarter. LPL Financial LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 10.4% during the fourth quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock valued at $905,150,000 after acquiring an additional 1,392,383 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at about $616,824,000. Commonwealth Equity Services LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 9.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 7,766,539 shares of the company’s stock valued at $476,399,000 after acquiring an additional 673,044 shares in the last quarter. Finally, Capital Investment Advisors LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 2.8% during the first quarter. Capital Investment Advisors LLC now owns 7,703,376 shares of the company’s stock valued at $475,915,000 after acquiring an additional 207,810 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.1%

DGRO opened at $62.76 on Tuesday. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week high of $65.08. The firm’s 50-day moving average price is $60.82 and its 200-day moving average price is $61.80. The company has a market cap of $31.32 billion, a P/E ratio of 20.47 and a beta of 0.85.

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.