Janney Montgomery Scott LLC Sells 8,870 Shares of iShares Core Dividend Growth ETF $DGRO

Janney Montgomery Scott LLC cut its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 519,934 shares of the company’s stock after selling 8,870 shares during the period. Janney Montgomery Scott LLC owned about 0.10% of iShares Core Dividend Growth ETF worth $33,245,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. LPL Financial LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 6.4% in the first quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock worth $969,797,000 after purchasing an additional 941,311 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 1.7% in the first quarter. Raymond James Financial Inc. now owns 10,230,233 shares of the company’s stock worth $632,024,000 after purchasing an additional 174,417 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 3.0% in the first quarter. Commonwealth Equity Services LLC now owns 7,996,206 shares of the company’s stock worth $494,006,000 after purchasing an additional 229,667 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares Core Dividend Growth ETF by 0.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,745,402 shares of the company’s stock worth $478,511,000 after acquiring an additional 55,058 shares in the last quarter. Finally, Capital Investment Advisors LLC grew its holdings in iShares Core Dividend Growth ETF by 2.8% during the 1st quarter. Capital Investment Advisors LLC now owns 7,703,376 shares of the company’s stock worth $475,915,000 after acquiring an additional 207,810 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $68.33 on Thursday. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $68.39. The firm’s 50-day moving average is $66.53 and its two-hundred day moving average is $63.35. The stock has a market cap of $34.38 billion, a price-to-earnings ratio of 19.66 and a beta of 0.89.

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.