iShares Core Dividend Growth ETF $DGRO Shares Sold by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC lowered its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 22.3% in the second quarter, HoldingsChannel.com reports. The fund owned 41,061 shares of the company’s stock after selling 11,772 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,625,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Bank of Montreal Can grew its holdings in iShares Core Dividend Growth ETF by 25.8% in the second quarter. Bank of Montreal Can now owns 48,384 shares of the company’s stock valued at $3,094,000 after purchasing an additional 9,936 shares during the period. Atlantic Union Bankshares Corp grew its position in iShares Core Dividend Growth ETF by 39.4% during the second quarter. Atlantic Union Bankshares Corp now owns 10,612 shares of the company’s stock valued at $679,000 after acquiring an additional 3,001 shares during the period. Altus Wealth Management LLC increased its stake in iShares Core Dividend Growth ETF by 0.8% during the second quarter. Altus Wealth Management LLC now owns 427,854 shares of the company’s stock worth $27,357,000 after acquiring an additional 3,599 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of iShares Core Dividend Growth ETF by 3.7% in the 1st quarter. Royal Bank of Canada now owns 6,157,442 shares of the company’s stock worth $380,408,000 after purchasing an additional 219,938 shares during the period. Finally, Keystone Global Partners LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 2nd quarter valued at about $30,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO opened at $69.72 on Friday. The stock has a 50-day simple moving average of $68.36 and a 200-day simple moving average of $66.07. The stock has a market capitalization of $35.38 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $70.01.

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.