Quadrant Private Wealth Management LLC Reduces Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Quadrant Private Wealth Management LLC lessened its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 19.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 13,617 shares of the company’s stock after selling 3,338 shares during the period. Quadrant Private Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $871,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. LPL Financial LLC raised its stake in shares of iShares Core Dividend Growth ETF by 6.4% in the first quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock valued at $969,797,000 after acquiring an additional 941,311 shares during the period. Envestnet Asset Management Inc. raised its position in iShares Core Dividend Growth ETF by 42.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock worth $865,424,000 after purchasing an additional 4,028,341 shares during the period. Raymond James Financial Inc. lifted its stake in iShares Core Dividend Growth ETF by 1.7% in the first quarter. Raymond James Financial Inc. now owns 10,230,233 shares of the company’s stock worth $632,024,000 after purchasing an additional 174,417 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of iShares Core Dividend Growth ETF by 3.0% during the first quarter. Commonwealth Equity Services LLC now owns 7,996,206 shares of the company’s stock valued at $494,006,000 after buying an additional 229,667 shares during the period. Finally, Capital Investment Advisors LLC boosted its position in shares of iShares Core Dividend Growth ETF by 3.3% during the second quarter. Capital Investment Advisors LLC now owns 7,961,214 shares of the company’s stock valued at $509,040,000 after buying an additional 257,838 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $67.76 on Friday. iShares Core Dividend Growth ETF has a fifty-two week low of $54.09 and a fifty-two week high of $69.20. The company has a market cap of $34.39 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84. The business’s 50 day moving average price is $67.80 and its 200-day moving average price is $64.98.

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.