Captrust Financial Advisors Lowers Stake in iShares Core Dividend Growth ETF $DGRO

Captrust Financial Advisors cut its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 667,130 shares of the company’s stock after selling 19,727 shares during the period. Captrust Financial Advisors owned about 0.13% of iShares Core Dividend Growth ETF worth $45,418,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Tortoise Investment Management LLC boosted its position in iShares Core Dividend Growth ETF by 89.5% in the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock valued at $26,000 after buying an additional 179 shares during the period. Group One Trading LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the third quarter worth approximately $28,000. Costello Asset Management INC raised its stake in shares of iShares Core Dividend Growth ETF by 79.5% during the third quarter. Costello Asset Management INC now owns 420 shares of the company’s stock valued at $29,000 after acquiring an additional 186 shares in the last quarter. Strategic Wealth Investment Group LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the second quarter valued at approximately $29,000. Finally, Grey Fox Wealth Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the third quarter valued at approximately $33,000.

iShares Core Dividend Growth ETF Stock Down 1.5%

Shares of NYSEARCA:DGRO opened at $69.66 on Thursday. The business’s 50 day moving average is $72.25 and its 200 day moving average is $69.82. The stock has a market cap of $36.37 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week high of $74.28.

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.