iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Stake Lowered by Tranquility Partners LLC

Tranquility Partners LLC cut its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 71,091 shares of the company’s stock after selling 862 shares during the quarter. iShares Core Dividend Growth ETF makes up 1.6% of Tranquility Partners LLC’s portfolio, making the stock its 15th biggest holding. Tranquility Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,457,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Fortis Advisors LLC raised its position in iShares Core Dividend Growth ETF by 96.7% during the third quarter. Fortis Advisors LLC now owns 6,376 shares of the company’s stock valued at $400,000 after acquiring an additional 3,135 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth $1,719,000. Drive Wealth Management LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 5.1% during the 3rd quarter. Drive Wealth Management LLC now owns 27,339 shares of the company’s stock valued at $1,714,000 after purchasing an additional 1,315 shares in the last quarter. MAI Capital Management lifted its stake in shares of iShares Core Dividend Growth ETF by 0.4% in the 3rd quarter. MAI Capital Management now owns 258,766 shares of the company’s stock valued at $16,222,000 after purchasing an additional 1,099 shares during the last quarter. Finally, EQ LLC boosted its holdings in iShares Core Dividend Growth ETF by 88.4% in the third quarter. EQ LLC now owns 199,719 shares of the company’s stock worth $12,520,000 after purchasing an additional 93,685 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

iShares Core Dividend Growth ETF stock opened at $63.24 on Tuesday. iShares Core Dividend Growth ETF has a one year low of $50.76 and a one year high of $64.52. The company’s fifty day moving average price is $62.75 and its two-hundred day moving average price is $60.18. The company has a market capitalization of $29.94 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

iShares Core Dividend Growth ETF 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.