iShares Core Dividend Growth ETF $DGRO Stock Position Reduced by Forte Asset Management LLC

Forte Asset Management LLC cut its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 20.7% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 126,563 shares of the company’s stock after selling 33,063 shares during the period. iShares Core Dividend Growth ETF comprises approximately 4.1% of Forte Asset Management LLC’s holdings, making the stock its 4th largest position. Forte Asset Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $8,092,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. First Financial Bankshares Inc grew its position in iShares Core Dividend Growth ETF by 4.6% in the first quarter. First Financial Bankshares Inc now owns 3,915 shares of the company’s stock worth $242,000 after acquiring an additional 173 shares in the last quarter. McKinley Carter Wealth Services Inc. grew its position in iShares Core Dividend Growth ETF by 0.6% in the second quarter. McKinley Carter Wealth Services Inc. now owns 29,919 shares of the company’s stock worth $1,913,000 after acquiring an additional 180 shares in the last quarter. Nicolet Advisory Services LLC grew its position in iShares Core Dividend Growth ETF by 5.4% in the first quarter. Nicolet Advisory Services LLC now owns 3,875 shares of the company’s stock worth $222,000 after acquiring an additional 197 shares in the last quarter. Beacon Bridge Wealth Partners LLC grew its position in iShares Core Dividend Growth ETF by 0.3% in the first quarter. Beacon Bridge Wealth Partners LLC now owns 63,901 shares of the company’s stock worth $3,948,000 after acquiring an additional 198 shares in the last quarter. Finally, Bluesphere Advisors LLC grew its position in iShares Core Dividend Growth ETF by 2.7% in the second quarter. Bluesphere Advisors LLC now owns 7,796 shares of the company’s stock worth $498,000 after acquiring an additional 205 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.4%

DGRO stock opened at $68.71 on Friday. The company has a market capitalization of $34.73 billion, a price-to-earnings ratio of 19.66 and a beta of 0.89. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $68.96. The firm has a 50 day moving average of $67.51 and a two-hundred day moving average of $64.30.

iShares Core Dividend Growth ETF Company 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.