Allspring Global Investments Holdings LLC Lowers Position in iShares Core Dividend Growth ETF $DGRO

Allspring Global Investments Holdings LLC lessened its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 40.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,468 shares of the company’s stock after selling 1,017 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in iShares Core Dividend Growth ETF were worth $95,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Wellington Shields & Co. LLC boosted its position in shares of iShares Core Dividend Growth ETF by 20.4% during the 1st quarter. Wellington Shields & Co. LLC now owns 3,529 shares of the company’s stock valued at $218,000 after acquiring an additional 598 shares during the last quarter. MGO One Seven LLC boosted its position in shares of iShares Core Dividend Growth ETF by 5.0% during the 1st quarter. MGO One Seven LLC now owns 88,711 shares of the company’s stock valued at $5,481,000 after acquiring an additional 4,186 shares during the last quarter. Altus Wealth Management LLC boosted its position in shares of iShares Core Dividend Growth ETF by 0.8% during the 2nd quarter. Altus Wealth Management LLC now owns 427,854 shares of the company’s stock valued at $27,357,000 after acquiring an additional 3,599 shares during the last quarter. Royal Bank of Canada boosted its position in shares of iShares Core Dividend Growth ETF by 3.7% during the 1st quarter. Royal Bank of Canada now owns 6,157,442 shares of the company’s stock valued at $380,408,000 after acquiring an additional 219,938 shares during the last quarter. Finally, Keystone Global Partners LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at approximately $30,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $68.71 on Monday. The company has a market capitalization of $34.73 billion, a P/E ratio of 19.66 and a beta of 0.89. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year high of $68.96. The stock has a 50 day moving average price of $67.51 and a 200-day moving average price of $64.34.

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.