Connecticut Wealth Management LLC Lowers Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Connecticut Wealth Management LLC reduced its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,933 shares of the company’s stock after selling 2,075 shares during the quarter. Connecticut Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Vima LLC bought a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $25,000. LifeSteps Financial Inc. bought a new position in shares of iShares Core Dividend Growth ETF in the first quarter worth approximately $27,000. Voisard Asset Management Group Inc. bought a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth approximately $27,000. Horrell Capital Management Inc. bought a new position in shares of iShares Core Dividend Growth ETF in the first quarter worth approximately $29,000. Finally, Tsfg LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 104.1% in the second quarter. Tsfg LLC now owns 496 shares of the company’s stock worth $29,000 after purchasing an additional 253 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of iShares Core Dividend Growth ETF stock opened at $62.51 on Friday. 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 capitalization of $29.60 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company’s 50 day moving average price is $60.46 and its 200-day moving average price is $58.36.

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.