iShares Core Dividend Growth ETF $DGRO Stake Trimmed by First Business Financial Services Inc.

First Business Financial Services Inc. lessened its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 12.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 824,026 shares of the company’s stock after selling 113,024 shares during the period. iShares Core Dividend Growth ETF comprises 5.1% of First Business Financial Services Inc.’s investment portfolio, making the stock its 5th largest holding. First Business Financial Services Inc. owned about 0.16% of iShares Core Dividend Growth ETF worth $56,100,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Triad Wealth Partners LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the third quarter valued at approximately $911,000. Objective Capital Management LLC grew its position in iShares Core Dividend Growth ETF by 0.6% during the 3rd quarter. Objective Capital Management LLC now owns 33,581 shares of the company’s stock worth $2,286,000 after purchasing an additional 192 shares in the last quarter. Samalin Investment Counsel LLC raised its stake in iShares Core Dividend Growth ETF by 4.0% during the 3rd quarter. Samalin Investment Counsel LLC now owns 65,651 shares of the company’s stock valued at $4,470,000 after purchasing an additional 2,501 shares during the period. Grey Fox Wealth Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the third quarter valued at $33,000. Finally, Dynasty Wealth Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the third quarter valued at $535,000.

iShares Core Dividend Growth ETF Trading Up 1.0%

Shares of DGRO stock opened at $71.26 on Thursday. The company has a market capitalization of $37.03 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 1-year low of $54.09 and a 1-year high of $71.66. The stock’s fifty day simple moving average is $69.75 and its 200-day simple moving average is $67.86.

iShares Core Dividend Growth ETF Company 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.