Gimbal Financial Decreases Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Gimbal Financial lowered its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 98.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 3,289 shares of the company’s stock after selling 291,582 shares during the period. Gimbal Financial’s holdings in iShares Core Dividend Growth ETF were worth $210,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC purchased a new position in iShares Core Dividend Growth ETF during the 2nd quarter worth approximately $175,229,000. Jones Financial Companies Lllp lifted its holdings in iShares Core Dividend Growth ETF by 38.2% during the first 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 in the last quarter. LPL Financial LLC boosted its stake in 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 worth $969,797,000 after purchasing an additional 941,311 shares during the last quarter. FORM Wealth Advisors LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the 1st quarter valued at about $41,039,000. Finally, Horizon Investments LLC boosted its position 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 acquiring an additional 507,129 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $68.52 on Wednesday. The firm has a market capitalization of $34.68 billion, a PE ratio of 19.66 and a beta of 0.89. The firm’s 50-day moving average is $67.37 and its two-hundred day moving average is $64.03. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $68.88.

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.