Advisors Capital Management LLC Sells 696 Shares of iShares Core Dividend Growth ETF $DGRO

Advisors Capital Management LLC lessened its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 16.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,503 shares of the company’s stock after selling 696 shares during the period. Advisors Capital Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $216,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC grew its holdings in iShares Core Dividend Growth ETF by 235.2% in the 1st quarter. Sound Income Strategies LLC now owns 409 shares of the company’s stock worth $25,000 after acquiring an additional 287 shares during the last quarter. Rise Advisors LLC bought a new stake in iShares Core Dividend Growth ETF in the 1st quarter worth $27,000. JFS Wealth Advisors LLC grew its holdings in iShares Core Dividend Growth ETF by 60.7% in the 1st quarter. JFS Wealth Advisors LLC now owns 495 shares of the company’s stock worth $31,000 after acquiring an additional 187 shares during the last quarter. Cornerstone Planning Group LLC bought a new stake in iShares Core Dividend Growth ETF in the 1st quarter worth $30,000. Finally, Mpwm Advisory Solutions LLC bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter worth $33,000.

iShares Core Dividend Growth ETF Trading Down 0.5%

Shares of DGRO opened at $67.69 on Friday. iShares Core Dividend Growth ETF has a 1-year low of $54.09 and a 1-year high of $68.09. The firm’s 50-day moving average price is $65.82 and its 200-day moving average price is $62.90. The firm has a market capitalization of $34.06 billion, a price-to-earnings ratio of 19.66 and a beta of 0.89.

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.