EP Wealth Advisors LLC Cuts Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

EP Wealth Advisors LLC trimmed its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 5.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,968 shares of the company’s stock after selling 5,186 shares during the period. EP Wealth Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,837,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of DGRO. LPL Financial LLC boosted its stake in iShares Core Dividend Growth ETF by 8.8% during the 2nd 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. boosted its position in iShares Core Dividend Growth ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 9,006,470 shares of the company’s stock worth $518,863,000 after acquiring 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 valued at $508,222,000 after acquiring an additional 111,539 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in iShares Core Dividend Growth ETF by 2.1% in the 2nd quarter. Capital Investment Advisors LLC now owns 7,205,141 shares of the company’s stock valued at $415,088,000 after acquiring an additional 150,379 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in iShares Core Dividend Growth ETF by 2.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 7,134,724 shares of the company’s stock valued at $414,242,000 after acquiring an additional 147,981 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $62.67 on Tuesday. The stock’s 50 day simple moving average is $60.79 and its 200-day simple moving average is $58.62. The stock has a market cap of $29.67 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 $62.88.

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.