Focus Partners Advisor Solutions LLC Cuts Stock Position in iShares Core Dividend Growth ETF $DGRO

Focus Partners Advisor Solutions LLC reduced its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,575 shares of the company’s stock after selling 259 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares Core Dividend Growth ETF were worth $740,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DGRO. Proathlete Wealth Management LLC purchased a new stake in iShares Core Dividend Growth ETF during the 2nd quarter valued at about $25,000. Rise Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF during the 1st quarter valued at about $27,000. Private Wealth Asset Management LLC purchased a new stake in iShares Core Dividend Growth ETF during the 2nd quarter valued at about $28,000. Cornerstone Planning Group LLC purchased a new stake in iShares Core Dividend Growth ETF during the 1st quarter valued at about $30,000. Finally, Keystone Global Partners LLC purchased a new stake in iShares Core Dividend Growth ETF during the 2nd quarter valued at about $30,000.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $68.84 on Wednesday. The stock has a market capitalization of $34.81 billion, a PE ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 1-year low of $54.09 and a 1-year high of $69.20. The business has a 50-day moving average of $67.62 and a 200 day moving average of $64.49.

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.