Prota Financial LLC Cuts Holdings in iShares Core Dividend Growth ETF $DGRO

Prota Financial LLC decreased its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 25.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 114,115 shares of the company’s stock after selling 39,486 shares during the period. iShares Core Dividend Growth ETF makes up 5.7% of Prota Financial LLC’s portfolio, making the stock its 4th biggest position. Prota Financial LLC’s holdings in iShares Core Dividend Growth ETF were worth $8,684,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Greenline Wealth Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC bought a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at $26,000. MBM Wealth Consultants LLC bought a new position in iShares Core Dividend Growth ETF during the 1st quarter valued at $27,000. Group One Trading LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at $28,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at $29,000.

iShares Core Dividend Growth ETF Stock Performance

DGRO opened at $79.13 on Wednesday. iShares Core Dividend Growth ETF has a one year low of $64.55 and a one year high of $79.53. The stock’s fifty day moving average is $76.35 and its 200-day moving average is $73.71. The company has a market capitalization of $43.36 billion, a PE ratio of 19.66 and a beta of 0.76.

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.