Thoroughbred Financial Services LLC Sells 24,583 Shares of iShares Core Dividend Growth ETF $DGRO

Thoroughbred Financial Services LLC decreased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 13.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,795 shares of the company’s stock after selling 24,583 shares during the quarter. iShares Core Dividend Growth ETF makes up about 0.7% of Thoroughbred Financial Services LLC’s investment portfolio, making the stock its 27th largest position. Thoroughbred Financial Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $10,409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. LPL Financial LLC grew its stake in iShares Core Dividend Growth ETF by 6.4% during the first quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock worth $969,797,000 after buying an additional 941,311 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core Dividend Growth ETF by 42.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock worth $865,424,000 after acquiring an additional 4,028,341 shares in the last quarter. Raymond James Financial Inc. grew its position in iShares Core Dividend Growth ETF by 1.7% during the 1st quarter. Raymond James Financial Inc. now owns 10,230,233 shares of the company’s stock worth $632,024,000 after acquiring an additional 174,417 shares during the last quarter. Commonwealth Equity Services LLC grew its position in iShares Core Dividend Growth ETF by 3.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 7,996,206 shares of the company’s stock worth $494,006,000 after acquiring an additional 229,667 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its holdings in iShares Core Dividend Growth ETF by 3.3% during the 2nd quarter. Capital Investment Advisors LLC now owns 7,961,214 shares of the company’s stock valued at $509,040,000 after purchasing an additional 257,838 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock opened at $68.43 on Friday. The business’s fifty day moving average is $67.98 and its two-hundred day moving average is $65.31. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $69.30. The firm has a market cap of $34.73 billion, a P/E ratio of 19.66 and a beta of 0.84.

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.