iShares Core Dividend Growth ETF $DGRO Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp lowered its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 741,934 shares of the company’s stock after selling 7,155 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Core Dividend Growth ETF were worth $55,934,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. UNIVEST FINANCIAL Corp purchased a new stake in iShares Core Dividend Growth ETF in the 3rd quarter worth $876,000. Joel Isaacson & Co. LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at about $1,756,000. Jacobi Capital Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the third quarter valued at about $2,927,000. Valued Wealth Advisors LLC grew its position in shares of iShares Core Dividend Growth ETF by 38.4% during the third quarter. Valued Wealth Advisors LLC now owns 3,778 shares of the company’s stock valued at $285,000 after purchasing an additional 1,049 shares in the last quarter. Finally, Silver Grove Financial Group Inc. grew its position in shares of iShares Core Dividend Growth ETF by 185.1% during the third quarter. Silver Grove Financial Group Inc. now owns 787 shares of the company’s stock valued at $59,000 after purchasing an additional 511 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.2%

Shares of DGRO stock opened at $81.85 on Friday. iShares Core Dividend Growth ETF has a 12-month low of $67.14 and a 12-month high of $82.90. The stock’s 50-day moving average price is $78.49 and its 200-day moving average price is $75.60. The stock has a market capitalization of $45.81 billion, a price-to-earnings ratio of 22.08 and a beta of 0.76.

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.