PNC Financial Services Group Inc. Has $471.37 Million Stake in iShares Core Dividend Growth ETF $DGRO

PNC Financial Services Group Inc. lowered its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 10.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,790,175 shares of the company’s stock after selling 808,136 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Core Dividend Growth ETF were worth $471,374,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE raised its position in iShares Core Dividend Growth ETF by 1.1% in the third quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock valued at $1,270,529,000 after purchasing an additional 195,211 shares during the last quarter. Wealthfront Advisers LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 4.7% during the fourth quarter. Wealthfront Advisers LLC now owns 13,931,233 shares of the company’s stock worth $967,106,000 after purchasing an additional 628,342 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 4.6% during the third quarter. Raymond James Financial Inc. now owns 10,467,035 shares of the company’s stock worth $712,596,000 after purchasing an additional 457,568 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of iShares Core Dividend Growth ETF by 16.4% in the third quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock valued at $583,076,000 after buying an additional 1,211,980 shares during the period. Finally, Capital Investment Advisors LLC increased its stake in shares of iShares Core Dividend Growth ETF by 2.7% in the fourth quarter. Capital Investment Advisors LLC now owns 8,339,921 shares of the company’s stock valued at $578,957,000 after buying an additional 215,540 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO opened at $73.54 on Wednesday. The company has a 50 day simple moving average of $71.74 and a 200 day simple moving average of $71.05. iShares Core Dividend Growth ETF has a 1 year low of $60.73 and a 1 year high of $74.28. The firm has a market cap of $39.58 billion, a PE ratio of 19.66 and a beta of 0.77.

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.