Connecticut Wealth Management LLC Reduces Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Connecticut Wealth Management LLC decreased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 110,933 shares of the company’s stock after selling 2,075 shares during the quarter. Connecticut Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,391,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vima LLC purchased a new stake in iShares Core Dividend Growth ETF in the fourth quarter worth $25,000. LifeSteps Financial Inc. purchased a new stake in iShares Core Dividend Growth ETF in the first quarter worth $27,000. Tsfg LLC lifted its stake in iShares Core Dividend Growth ETF by 104.1% in the second quarter. Tsfg LLC now owns 496 shares of the company’s stock worth $29,000 after acquiring an additional 253 shares during the period. Horrell Capital Management Inc. purchased a new stake in iShares Core Dividend Growth ETF in the first quarter worth $29,000. Finally, Voisard Asset Management Group Inc. purchased a new stake in iShares Core Dividend Growth ETF in the fourth quarter worth $27,000.

iShares Core Dividend Growth ETF Stock Down 0.1 %

Shares of DGRO stock opened at $62.51 on Friday. The stock has a fifty day moving average of $60.46 and a 200 day moving average of $58.36. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $62.74. The firm has a market capitalization of $29.60 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.