iShares Core Dividend Growth ETF $DGRO Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 7.1% in the 1st quarter, Holdings Channel reports. The firm owned 6,310,350 shares of the company’s stock after selling 479,825 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Core Dividend Growth ETF were worth $442,860,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Auto Owners Insurance Co increased its position in iShares Core Dividend Growth ETF by 9,203.2% during the fourth quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock worth $332,280,000 after buying an additional 47,350,590 shares during the period. Morgan Stanley lifted its stake in iShares Core Dividend Growth ETF by 1.7% in the fourth quarter. Morgan Stanley now owns 19,366,070 shares of the company’s stock valued at $1,344,393,000 after buying an additional 331,748 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 3.3% in the fourth quarter. LPL Financial LLC now owns 18,763,346 shares of the company’s stock valued at $1,302,551,000 after acquiring an additional 595,710 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares Core Dividend Growth ETF by 2.3% in the second quarter. Bank of America Corp DE now owns 18,467,081 shares of the company’s stock valued at $1,180,785,000 after acquiring an additional 413,365 shares during the period. Finally, Wealthfront Advisers LLC grew its position in shares of iShares Core Dividend Growth ETF by 25.1% during the first quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock worth $1,222,936,000 after acquiring an additional 3,494,469 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $76.86 on Wednesday. The firm’s fifty day simple moving average is $75.52 and its 200-day simple moving average is $73.17. The stock has a market capitalization of $42.03 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 12 month low of $63.76 and a 12 month high of $78.17.

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.