iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Sold by Cedar Wealth Management LLC

Cedar Wealth Management LLC lessened its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,272 shares of the company’s stock after selling 300 shares during the quarter. iShares Core Dividend Growth ETF accounts for 0.5% of Cedar Wealth Management LLC’s investment portfolio, making the stock its 29th largest position. Cedar Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,514,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Etfidea LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 1.0% during the 2nd quarter. Etfidea LLC now owns 574,823 shares of the company’s stock worth $33,116,000 after acquiring an additional 5,698 shares in the last quarter. Ieq Capital LLC grew its holdings in iShares Core Dividend Growth ETF by 2.7% in the second quarter. Ieq Capital LLC now owns 116,795 shares of the company’s stock valued at $6,729,000 after purchasing an additional 3,113 shares during the last quarter. Brighton Jones LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the second quarter valued at $224,000. ProVise Management Group LLC raised its stake in shares of iShares Core Dividend Growth ETF by 21.8% during the 2nd quarter. ProVise Management Group LLC now owns 1,199,484 shares of the company’s stock worth $69,102,000 after buying an additional 214,764 shares during the last quarter. Finally, WCG Wealth Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the 2nd quarter worth about $2,323,000.

iShares Core Dividend Growth ETF Trading Up 0.9 %

Shares of NYSEARCA DGRO opened at $62.57 on Friday. The company’s 50-day moving average price is $60.31 and its 200 day moving average price is $58.29. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $62.74. The stock has a market cap of $29.62 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.