Apollon Wealth Management LLC Trims Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Apollon Wealth Management LLC decreased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,422 shares of the company’s stock after selling 1,376 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,218,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of DGRO. Cetera Investment Advisers boosted its stake in shares of iShares Core Dividend Growth ETF by 319.5% in the first quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock worth $111,616,000 after acquiring an additional 1,464,167 shares during the period. Strategic Financial Concepts LLC boosted its stake in iShares Core Dividend Growth ETF by 1,953.2% during the second quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock valued at $741,000 after buying an additional 1,223,349 shares during the last quarter. LPL Financial LLC boosted its stake in iShares Core Dividend Growth ETF by 8.8% during the second quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock valued at $746,096,000 after buying an additional 1,047,837 shares during the last quarter. Sanctuary Advisors LLC bought a new position in iShares Core Dividend Growth ETF during the second quarter valued at approximately $45,148,000. Finally, Smith Anglin Financial LLC boosted its stake in iShares Core Dividend Growth ETF by 78.4% during the third quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock valued at $84,424,000 after buying an additional 591,701 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.5 %

Shares of iShares Core Dividend Growth ETF stock opened at $63.42 on Friday. The stock has a 50 day moving average of $62.65 and a 200 day moving average of $60.02. iShares Core Dividend Growth ETF has a 12 month low of $50.54 and a 12 month high of $64.52. The firm has a market cap of $30.03 billion, a PE ratio of 19.25 and a beta of 0.71.

iShares Core Dividend Growth ETF 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.