Addison Advisors LLC Has $521,000 Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Addison Advisors LLC reduced its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 25.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,048 shares of the company’s stock after selling 3,121 shares during the period. Addison Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $521,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DGRO. Vima LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth $25,000. LifeSteps Financial Inc. acquired a new position in iShares Core Dividend Growth ETF during the first quarter worth about $27,000. Tsfg LLC raised its stake in iShares Core Dividend Growth ETF by 104.1% during the second quarter. Tsfg LLC now owns 496 shares of the company’s stock worth $29,000 after acquiring an additional 253 shares in the last quarter. Horrell Capital Management Inc. bought a new position in shares of iShares Core Dividend Growth ETF in the first quarter worth about $29,000. Finally, Voisard Asset Management Group Inc. acquired a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $27,000.

iShares Core Dividend Growth ETF Price Performance

DGRO stock traded down $0.29 during trading on Friday, reaching $60.78. 221,775 shares of the company were exchanged, compared to its average volume of 1,402,800. The company has a market capitalization of $28.78 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company has a 50-day moving average of $59.65 and a two-hundred day moving average of $57.93. iShares Core Dividend Growth ETF has a twelve month low of $47.19 and a twelve month high of $62.19.

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.