iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Stake Lessened by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lowered its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 20.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,995 shares of the company’s stock after selling 30,096 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $7,351,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Norden Group LLC boosted its position in iShares Core Dividend Growth ETF by 2.0% during the first quarter. Norden Group LLC now owns 25,163 shares of the company’s stock valued at $1,555,000 after purchasing an additional 495 shares during the last quarter. Prosperity Consulting Group LLC boosted its position in iShares Core Dividend Growth ETF by 6.8% during the first quarter. Prosperity Consulting Group LLC now owns 122,971 shares of the company’s stock valued at $7,597,000 after purchasing an additional 7,803 shares during the last quarter. Beacon Bridge Wealth Partners LLC boosted its position in iShares Core Dividend Growth ETF by 0.3% during the first quarter. Beacon Bridge Wealth Partners LLC now owns 63,901 shares of the company’s stock valued at $3,948,000 after purchasing an additional 198 shares during the last quarter. LPL Financial LLC boosted its position in iShares Core Dividend Growth ETF by 6.4% during the first quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock valued at $969,797,000 after purchasing an additional 941,311 shares during the last quarter. Finally, Alteri Wealth LLC boosted its position in iShares Core Dividend Growth ETF by 14.8% during the first quarter. Alteri Wealth LLC now owns 15,364 shares of the company’s stock valued at $949,000 after purchasing an additional 1,984 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.3%

DGRO opened at $65.58 on Tuesday. The stock has a market cap of $32.75 billion, a price-to-earnings ratio of 19.66 and a beta of 0.89. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $65.84. The stock has a fifty day moving average price of $63.52 and a 200 day moving average price of $62.21.

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.