Arkadios Wealth Advisors Cuts Position in iShares Core Dividend Growth ETF $DGRO

Arkadios Wealth Advisors cut its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 7.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 143,612 shares of the company’s stock after selling 11,905 shares during the period. Arkadios Wealth Advisors’ holdings in iShares Core Dividend Growth ETF were worth $9,777,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Envestnet Asset Management Inc. increased its position in shares of iShares Core Dividend Growth ETF by 42.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock valued at $865,424,000 after purchasing an additional 4,028,341 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares Core Dividend Growth ETF by 15.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock worth $504,803,000 after buying an additional 1,080,418 shares during the last quarter. MML Investors Services LLC grew its position in iShares Core Dividend Growth ETF by 25.9% during the second quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock valued at $289,967,000 after buying an additional 934,207 shares during the period. Hughes Financial Services LLC increased its holdings in iShares Core Dividend Growth ETF by 86,423.7% during the second quarter. Hughes Financial Services LLC now owns 591,822 shares of the company’s stock worth $38,356,000 after buying an additional 591,138 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. raised its position in iShares Core Dividend Growth ETF by 83.1% in the second quarter. Vestmark Advisory Solutions Inc. now owns 985,564 shares of the company’s stock worth $63,017,000 after acquiring an additional 447,210 shares during the period.

iShares Core Dividend Growth ETF Stock Up 0.0%

iShares Core Dividend Growth ETF stock opened at $71.52 on Tuesday. iShares Core Dividend Growth ETF has a twelve month low of $54.09 and a twelve month high of $71.66. The firm has a 50 day moving average price of $69.67 and a 200-day moving average price of $67.79. The company has a market capitalization of $37.20 billion, a P/E ratio of 19.66 and a beta of 0.84.

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.