Princeton Global Asset Management LLC Cuts Position in iShares Core Dividend Growth ETF $DGRO

Princeton Global Asset Management LLC trimmed its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 173,105 shares of the company’s stock after selling 780 shares during the period. iShares Core Dividend Growth ETF makes up 2.0% of Princeton Global Asset Management LLC’s investment portfolio, making the stock its 9th largest holding. Princeton Global Asset Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $11,068,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. LPL Financial LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 6.4% during the 1st quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock worth $969,797,000 after buying an additional 941,311 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of iShares Core Dividend Growth ETF by 1.7% during the 1st quarter. Raymond James Financial Inc. now owns 10,230,233 shares of the company’s stock worth $632,024,000 after buying an additional 174,417 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 3.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 7,996,206 shares of the company’s stock worth $494,006,000 after buying an additional 229,667 shares in the last quarter. Capital Investment Advisors LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 3.3% during the 2nd quarter. Capital Investment Advisors LLC now owns 7,961,214 shares of the company’s stock worth $509,040,000 after buying an additional 257,838 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of 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 buying an additional 55,058 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock opened at $67.88 on Monday. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week high of $68.88. The stock’s 50 day moving average price is $67.25 and its two-hundred day moving average price is $63.91. The stock has a market capitalization of $34.37 billion, a price-to-earnings ratio of 19.66 and a beta of 0.89.

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.