iShares Core Dividend Growth ETF $DGRO Stock Position Cut by Financial Insights Inc.

Financial Insights Inc. lessened its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,146 shares of the company’s stock after selling 440 shares during the period. iShares Core Dividend Growth ETF accounts for 0.8% of Financial Insights Inc.’s portfolio, making the stock its 27th biggest holding. Financial Insights Inc.’s holdings in iShares Core Dividend Growth ETF were worth $2,183,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC grew its position in iShares Core Dividend Growth ETF by 235.2% in the 1st quarter. Sound Income Strategies LLC now owns 409 shares of the company’s stock valued at $25,000 after buying an additional 287 shares in the last quarter. Proathlete Wealth Management LLC bought a new position in iShares Core Dividend Growth ETF in the 2nd quarter valued at about $25,000. Rise Advisors LLC bought a new position in iShares Core Dividend Growth ETF in the 1st quarter valued at about $27,000. Cornerstone Planning Group LLC bought a new position in iShares Core Dividend Growth ETF in the 1st quarter valued at about $30,000. Finally, Keystone Global Partners LLC bought a new position in iShares Core Dividend Growth ETF in the 2nd quarter valued at about $30,000.

iShares Core Dividend Growth ETF Stock Up 0.5%

Shares of DGRO opened at $68.58 on Friday. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week high of $68.88. The firm has a market capitalization of $34.66 billion, a PE ratio of 19.66 and a beta of 0.89. The firm has a 50-day moving average price of $66.64 and a 200 day moving average price of $63.45.

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.