iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Sold by TIAA Trust National Association

TIAA Trust National Association reduced its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 34.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,389 shares of the company’s stock after selling 2,291 shares during the period. TIAA Trust National Association’s holdings in iShares Core Dividend Growth ETF were worth $255,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of iShares Core Dividend Growth ETF by 2.5% during the first quarter. Vanguard Group Inc. now owns 31,878 shares of the company’s stock worth $1,851,000 after buying an additional 780 shares during the period. Spirepoint Private Client LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the first quarter worth approximately $2,177,000. Nicolet Advisory Services LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the first quarter worth approximately $235,000. Towercrest Capital Management boosted its position in shares of iShares Core Dividend Growth ETF by 24.0% during the first quarter. Towercrest Capital Management now owns 92,842 shares of the company’s stock worth $5,390,000 after buying an additional 17,947 shares during the period. Finally, ProVise Management Group LLC boosted its position in shares of iShares Core Dividend Growth ETF by 35.8% during the first quarter. ProVise Management Group LLC now owns 984,720 shares of the company’s stock worth $57,173,000 after buying an additional 259,830 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO traded up $0.14 during midday trading on Monday, hitting $59.49. 570,452 shares of the company’s stock were exchanged, compared to its average volume of 1,454,907. The firm has a market cap of $28.17 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a twelve month low of $47.19 and a twelve month high of $60.56. The stock’s 50 day moving average price is $57.94 and its 200-day moving average price is $56.62.

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.