Mattern Capital Management LLC Decreases Stock Position in iShares Core Dividend Growth ETF $DGRO

Mattern Capital Management LLC lessened its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 19.8% in the 2nd quarter, Holdings Channel reports. The firm owned 3,674 shares of the company’s stock after selling 908 shares during the period. Mattern Capital Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $235,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in DGRO. Sound Income Strategies LLC increased its stake in iShares Core Dividend Growth ETF by 235.2% in the 1st quarter. Sound Income Strategies LLC now owns 409 shares of the company’s stock worth $25,000 after acquiring an additional 287 shares during the last quarter. Proathlete Wealth Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the second quarter valued at $25,000. Rise Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the first quarter valued at $27,000. Cornerstone Planning Group LLC bought a new stake in iShares Core Dividend Growth ETF in the first quarter worth $30,000. Finally, Keystone Global Partners LLC purchased a new stake in iShares Core Dividend Growth ETF during the second quarter valued at $30,000.

iShares Core Dividend Growth ETF Stock Up 0.5%

DGRO stock opened at $68.58 on Friday. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $68.88. The firm has a market capitalization of $34.66 billion, a P/E ratio of 19.66 and a beta of 0.89. The company has a fifty day simple moving average of $66.64 and a two-hundred day simple moving average of $63.44.

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.