Beacon Pointe Advisors LLC Sells 11,772 Shares of iShares Core Dividend Growth ETF $DGRO

Beacon Pointe Advisors LLC lessened its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 22.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,061 shares of the company’s stock after selling 11,772 shares during the period. 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 Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Willis Johnson & Associates Inc. grew its position in iShares Core Dividend Growth ETF by 24.7% in the second quarter. Willis Johnson & Associates Inc. now owns 9,617 shares of the company’s stock worth $615,000 after acquiring an additional 1,906 shares in the last quarter. Edgestream Partners L.P. boosted its stake in shares of iShares Core Dividend Growth ETF by 70.0% during the 2nd quarter. Edgestream Partners L.P. now owns 5,624 shares of the company’s stock worth $360,000 after purchasing an additional 2,315 shares during the period. Lido Advisors LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 2.7% in the second quarter. Lido Advisors LLC now owns 19,070 shares of the company’s stock worth $1,219,000 after buying an additional 502 shares during the period. Colonial Trust Advisors lifted its position in shares of iShares Core Dividend Growth ETF by 3.5% during the second quarter. Colonial Trust Advisors now owns 261,003 shares of the company’s stock worth $16,689,000 after purchasing an additional 8,856 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC boosted its position in iShares Core Dividend Growth ETF by 13.5% in the 2nd quarter. Measured Wealth Private Client Group LLC now owns 57,981 shares of the company’s stock valued at $3,707,000 after buying an additional 6,909 shares during the period.

iShares Core Dividend Growth ETF Trading Down 0.2%

Shares of iShares Core Dividend Growth ETF stock opened at $69.72 on Friday. The stock’s fifty day moving average price is $68.36 and its 200-day moving average price is $66.07. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $70.01. The firm has a market cap of $35.38 billion, a P/E ratio of 19.66 and a beta of 0.84.

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.