HBW Advisory Services LLC Cuts Stake in iShares Core Dividend Growth ETF $DGRO

HBW Advisory Services LLC lowered its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 68.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 10,456 shares of the company’s stock after selling 22,971 shares during the quarter. HBW Advisory Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $712,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Envestnet Asset Management Inc. boosted its holdings 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 acquiring an additional 4,028,341 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the second quarter worth $175,229,000. Jones Financial Companies Lllp boosted its stake in shares of iShares Core Dividend Growth ETF by 38.2% in the first quarter. Jones Financial Companies Lllp now owns 5,837,667 shares of the company’s stock valued at $356,986,000 after purchasing an additional 1,612,709 shares during the period. Ameriprise Financial Inc. grew its holdings in iShares Core Dividend Growth ETF by 15.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after purchasing an additional 1,080,418 shares in the last quarter. Finally, MML Investors Services LLC increased its stake in iShares Core Dividend Growth ETF by 25.9% during the 2nd quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock worth $289,967,000 after buying an additional 934,207 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $70.18 on Friday. iShares Core Dividend Growth ETF has a 1-year low of $54.09 and a 1-year high of $70.61. The business has a 50-day moving average of $68.92 and a 200-day moving average of $66.95. The company has a market capitalization of $35.62 billion, a PE ratio of 19.66 and a beta of 0.84.

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.