Axxcess Wealth Management LLC Reduces Holdings in iShares Core Dividend Growth ETF $DGRO

Axxcess Wealth Management LLC trimmed its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 76.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,276 shares of the company’s stock after selling 20,136 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $401,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DGRO. Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at $175,229,000. Jones Financial Companies Lllp raised its stake in shares of iShares Core Dividend Growth ETF by 38.2% during the 1st quarter. Jones Financial Companies Lllp now owns 5,837,667 shares of the company’s stock valued at $356,986,000 after purchasing an additional 1,612,709 shares during the period. LPL Financial LLC raised its stake in shares of iShares Core Dividend Growth ETF by 6.4% during the 1st quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock valued at $969,797,000 after purchasing an additional 941,311 shares during the period. FORM Wealth Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 1st quarter valued at $41,039,000. Finally, Horizon Investments LLC raised its stake in shares of iShares Core Dividend Growth ETF by 473,952.3% during the 1st quarter. Horizon Investments LLC now owns 507,236 shares of the company’s stock valued at $31,337,000 after purchasing an additional 507,129 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO opened at $67.88 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 cap of $34.37 billion, a price-to-earnings ratio of 19.66 and a beta of 0.89. The business’s fifty day moving average is $67.25 and its 200 day moving average is $63.88.

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.