Envestnet Portfolio Solutions Inc. Decreases Position in iShares Core Dividend Growth ETF $DGRO

Envestnet Portfolio Solutions Inc. trimmed its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 17.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 211,625 shares of the company’s stock after selling 43,755 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core Dividend Growth ETF were worth $14,407,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of DGRO. Envestnet Asset Management Inc. raised its holdings in iShares Core Dividend Growth ETF by 42.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock valued at $865,424,000 after buying an additional 4,028,341 shares during the period. Ameriprise Financial Inc. boosted its stake in iShares Core Dividend Growth ETF by 15.8% during the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock worth $504,803,000 after buying an additional 1,080,418 shares during the period. MML Investors Services LLC increased its position in iShares Core Dividend Growth ETF by 25.9% during the second quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock valued at $289,967,000 after acquiring an additional 934,207 shares during the last quarter. Hughes Financial Services LLC raised its stake in shares of iShares Core Dividend Growth ETF by 86,423.7% in the second quarter. Hughes Financial Services LLC now owns 591,822 shares of the company’s stock valued at $38,356,000 after acquiring an additional 591,138 shares during the period. Finally, Vestmark Advisory Solutions Inc. raised its stake in shares of iShares Core Dividend Growth ETF by 83.1% in the second quarter. Vestmark Advisory Solutions Inc. now owns 985,564 shares of the company’s stock valued at $63,017,000 after acquiring an additional 447,210 shares during the period.

iShares Core Dividend Growth ETF Trading Down 0.2%

DGRO stock opened at $71.19 on Friday. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $71.66. The company has a 50-day moving average price of $69.86 and a 200 day moving average price of $67.92. The stock has a market cap of $37.03 billion, a PE ratio of 19.66 and a beta of 0.84.

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.