iShares Core Dividend Growth ETF (NYSEARCA:DGRO) is IFS Advisors LLC’s 3rd Largest Position

IFS Advisors LLC reduced its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 204,104 shares of the company’s stock after selling 2,540 shares during the quarter. iShares Core Dividend Growth ETF makes up 10.1% of IFS Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. IFS Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $12,795,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. LPL Financial LLC grew its holdings in shares of 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 worth $746,096,000 after purchasing an additional 1,047,837 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Core Dividend Growth ETF by 4.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,006,470 shares of the company’s stock worth $518,863,000 after buying an additional 368,759 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in iShares Core Dividend Growth ETF by 1.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 8,821,774 shares of the company’s stock worth $508,222,000 after buying an additional 111,539 shares during the last quarter. Capital Investment Advisors LLC increased its position in iShares Core Dividend Growth ETF by 2.1% during the second quarter. Capital Investment Advisors LLC now owns 7,205,141 shares of the company’s stock worth $415,088,000 after buying an additional 150,379 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in iShares Core Dividend Growth ETF by 2.1% in the first quarter. Commonwealth Equity Services LLC now owns 7,134,724 shares of the company’s stock valued at $414,242,000 after buying an additional 147,981 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of iShares Core Dividend Growth ETF stock opened at $63.42 on Wednesday. The company has a market capitalization of $30.03 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1 year low of $47.19 and a 1 year high of $63.96. The company’s fifty day moving average is $61.54 and its two-hundred day moving average is $59.03.

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.