Essex Financial Services Inc. Sells 17,611 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Essex Financial Services Inc. lessened its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 11.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 138,881 shares of the company’s stock after selling 17,611 shares during the period. Essex Financial Services Inc.’s holdings in iShares Core Dividend Growth ETF were worth $8,790,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sheaff Brock Investment Advisors LLC raised its stake in iShares Core Dividend Growth ETF by 2.7% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 7,086 shares of the company’s stock worth $411,000 after acquiring an additional 186 shares in the last quarter. Alta Wealth Advisors LLC lifted its holdings in iShares Core Dividend Growth ETF by 2.6% during the 3rd quarter. Alta Wealth Advisors LLC now owns 7,693 shares of the company’s stock valued at $482,000 after purchasing an additional 194 shares during the last quarter. HHM Wealth Advisors LLC boosted its position in iShares Core Dividend Growth ETF by 5.7% in the second quarter. HHM Wealth Advisors LLC now owns 3,730 shares of the company’s stock valued at $215,000 after buying an additional 200 shares in the last quarter. Ausdal Financial Partners Inc. grew its stake in iShares Core Dividend Growth ETF by 0.8% during the second quarter. Ausdal Financial Partners Inc. now owns 27,434 shares of the company’s stock worth $1,580,000 after buying an additional 205 shares during the last quarter. Finally, Destination Wealth Management increased its holdings in shares of iShares Core Dividend Growth ETF by 3.3% during the second quarter. Destination Wealth Management now owns 6,764 shares of the company’s stock worth $390,000 after buying an additional 213 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO opened at $62.51 on Friday. The business’s 50 day simple moving average is $62.18 and its 200-day simple moving average is $59.36. iShares Core Dividend Growth ETF has a one year low of $47.19 and a one year high of $64.00. The company has a market capitalization of $29.60 billion, a P/E ratio of 19.25 and a beta of 0.71.

iShares Core Dividend Growth ETF Company 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.