iShares Core Dividend Growth ETF $DGRO Stock Position Reduced by Private Trust Co. NA

Private Trust Co. NA lessened its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 17,463 shares of the company’s stock after selling 458 shares during the quarter. Private Trust Co. NA’s holdings in iShares Core Dividend Growth ETF were worth $1,117,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Proathlete Wealth Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the second quarter worth $25,000. Rise Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 1st quarter worth about $27,000. Private Wealth Asset Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 2nd quarter worth about $28,000. Cornerstone Planning Group LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the 1st quarter valued at about $30,000. Finally, Keystone Global Partners LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 2nd quarter valued at approximately $30,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO opened at $67.88 on Friday. The company has a market capitalization of $34.37 billion, a P/E ratio of 19.66 and a beta of 0.89. The stock’s 50 day moving average price is $67.25 and its 200 day moving average price is $63.87. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $68.88.

iShares Core Dividend Growth ETF Company 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.