iShares Core Dividend Growth ETF $DGRO Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 7.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,310,350 shares of the company’s stock after selling 479,825 shares during the period. PNC Financial Services Group Inc. owned about 1.17% of iShares Core Dividend Growth ETF worth $442,860,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 52.5% in the 4th quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock valued at $411,000 after acquiring an additional 2,304 shares during the last quarter. AQR Capital Management LLC lifted its stake in iShares Core Dividend Growth ETF by 95.4% during the first quarter. AQR Capital Management LLC now owns 13,842 shares of the company’s stock worth $855,000 after purchasing an additional 6,758 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in iShares Core Dividend Growth ETF by 114.6% during the second quarter. Russell Investments Group Ltd. now owns 1,204 shares of the company’s stock worth $77,000 after purchasing an additional 643 shares during the last quarter. Glenview Trust co boosted its holdings in iShares Core Dividend Growth ETF by 7.2% in the second quarter. Glenview Trust co now owns 9,516 shares of the company’s stock valued at $608,000 after purchasing an additional 637 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its holdings in iShares Core Dividend Growth ETF by 2.6% in the second quarter. Main Street Financial Solutions LLC now owns 12,191 shares of the company’s stock valued at $779,000 after purchasing an additional 305 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.2%

Shares of iShares Core Dividend Growth ETF stock opened at $76.86 on Wednesday. iShares Core Dividend Growth ETF has a 52 week low of $63.76 and a 52 week high of $78.17. The firm’s 50 day moving average is $75.52 and its two-hundred day moving average is $73.17. The firm has a market capitalization of $42.03 billion, a P/E ratio of 19.66 and a beta of 0.77.

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.