Davidson Investment Advisors Trims Stock Position in iShares Core Dividend Growth ETF $DGRO

Davidson Investment Advisors cut its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,349 shares of the company’s stock after selling 1,172 shares during the period. Davidson Investment Advisors’ holdings in iShares Core Dividend Growth ETF were worth $7,695,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wellington Shields & Co. LLC grew its holdings in iShares Core Dividend Growth ETF by 20.4% during the 1st quarter. Wellington Shields & Co. LLC now owns 3,529 shares of the company’s stock worth $218,000 after acquiring an additional 598 shares in the last quarter. MGO One Seven LLC raised its position in iShares Core Dividend Growth ETF by 5.0% during the 1st quarter. MGO One Seven LLC now owns 88,711 shares of the company’s stock worth $5,481,000 after buying an additional 4,186 shares during the last quarter. Altus Wealth Management LLC raised its position in iShares Core Dividend Growth ETF by 0.8% during the 2nd quarter. Altus Wealth Management LLC now owns 427,854 shares of the company’s stock worth $27,357,000 after buying an additional 3,599 shares during the last quarter. Royal Bank of Canada raised its position in iShares Core Dividend Growth ETF by 3.7% during the 1st quarter. Royal Bank of Canada now owns 6,157,442 shares of the company’s stock worth $380,408,000 after buying an additional 219,938 shares during the last quarter. Finally, Keystone Global Partners LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the 2nd quarter valued at about $30,000.

iShares Core Dividend Growth ETF Stock Up 0.1%

Shares of DGRO opened at $68.16 on Thursday. The company has a 50-day simple moving average of $67.14 and a 200-day simple moving average of $63.79. The company has a market capitalization of $34.52 billion, a PE ratio of 19.66 and a beta of 0.89. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week high of $68.88.

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.