American Trust Has $77.21 Million Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

American Trust decreased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 7.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,340,138 shares of the company’s stock after selling 107,358 shares during the quarter. iShares Core Dividend Growth ETF accounts for about 6.3% of American Trust’s portfolio, making the stock its 3rd largest holding. American Trust owned approximately 0.28% of iShares Core Dividend Growth ETF worth $77,205,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Cetera Investment Advisers raised its stake in iShares Core Dividend Growth ETF by 319.5% during the first quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock worth $111,616,000 after acquiring an additional 1,464,167 shares in the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 1,953.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock valued at $741,000 after purchasing an additional 1,223,349 shares during the last quarter. LPL Financial LLC increased its position 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 in the last quarter. Sanctuary Advisors LLC bought a new position in iShares Core Dividend Growth ETF in the 2nd quarter valued at approximately $45,148,000. Finally, Envestnet Asset Management Inc. grew its stake in shares of 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 buying an additional 368,759 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO opened at $62.50 on Wednesday. iShares Core Dividend Growth ETF has a 52-week low of $47.19 and a 52-week high of $62.88. The company has a market capitalization of $29.59 billion, a PE ratio of 19.25 and a beta of 0.71. The company has a fifty day moving average of $60.79 and a 200-day moving average of $58.62.

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.