KPP Advisory Services LLC Cuts Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

KPP Advisory Services LLC lowered its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 208,155 shares of the company’s stock after selling 1,177 shares during the period. iShares Core Dividend Growth ETF comprises about 3.2% of KPP Advisory Services LLC’s portfolio, making the stock its 6th largest holding. KPP Advisory Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $11,992,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vima LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter worth approximately $25,000. LifeSteps Financial Inc. acquired a new stake in iShares Core Dividend Growth ETF in the first quarter valued at $27,000. Voisard Asset Management Group Inc. bought a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at about $27,000. Tsfg LLC increased its stake in shares of iShares Core Dividend Growth ETF by 104.1% during the 2nd quarter. Tsfg LLC now owns 496 shares of the company’s stock worth $29,000 after purchasing an additional 253 shares during the last quarter. Finally, ZRC Wealth Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 1st quarter valued at about $44,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO opened at $62.67 on Tuesday. iShares Core Dividend Growth ETF has a 52-week low of $47.19 and a 52-week high of $62.88. The company has a market capitalization of $29.67 billion, a P/E ratio of 19.25 and a beta of 0.71. The company has a 50-day simple moving average of $60.79 and a 200 day simple moving average of $58.62.

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.