O Dell Group LLC Sells 4,026 Shares of iShares Core Dividend Growth ETF $DGRO

O Dell Group LLC lowered its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 593,770 shares of the company’s stock after selling 4,026 shares during the period. iShares Core Dividend Growth ETF comprises 9.5% of O Dell Group LLC’s investment portfolio, making the stock its 2nd biggest position. O Dell Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $37,966,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. LPL Financial LLC boosted its holdings in iShares Core Dividend Growth ETF by 6.4% in 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 during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares Core Dividend Growth ETF by 42.4% in the second quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock valued at $865,424,000 after acquiring an additional 4,028,341 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of iShares Core Dividend Growth ETF by 1.7% in the first quarter. Raymond James Financial Inc. now owns 10,230,233 shares of the company’s stock valued at $632,024,000 after acquiring an additional 174,417 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 3.0% in the first quarter. Commonwealth Equity Services LLC now owns 7,996,206 shares of the company’s stock worth $494,006,000 after acquiring an additional 229,667 shares during the last quarter. Finally, Capital Investment Advisors LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 3.3% in the second quarter. Capital Investment Advisors LLC now owns 7,961,214 shares of the company’s stock worth $509,040,000 after acquiring an additional 257,838 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $67.72 on Thursday. The business has a fifty day moving average price of $67.77 and a 200 day moving average price of $64.89. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year high of $69.20. The company has a market cap of $34.37 billion, a P/E 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.