Gladstone Institutional Advisory LLC Has $8.90 Million Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Gladstone Institutional Advisory LLC trimmed its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 141,997 shares of the company’s stock after selling 4,454 shares during the period. Gladstone Institutional Advisory LLC’s holdings in iShares Core Dividend Growth ETF were worth $8,902,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. LPL Financial LLC grew its position in shares of iShares Core Dividend Growth ETF by 8.8% in the 2nd quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock valued at $746,096,000 after purchasing an additional 1,047,837 shares during the period. Envestnet Asset Management Inc. lifted its stake in iShares Core Dividend Growth ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 9,006,470 shares of the company’s stock valued at $518,863,000 after buying an additional 368,759 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of iShares Core Dividend Growth ETF by 1.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 8,821,774 shares of the company’s stock valued at $508,222,000 after buying an additional 111,539 shares during the period. Capital Investment Advisors LLC increased its position in shares of iShares Core Dividend Growth ETF by 1.5% during the third quarter. Capital Investment Advisors LLC now owns 7,315,118 shares of the company’s stock worth $458,585,000 after acquiring an additional 109,977 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in shares of iShares Core Dividend Growth ETF by 1.8% during the third quarter. Raymond James & Associates now owns 2,538,953 shares of the company’s stock worth $159,167,000 after acquiring an additional 45,538 shares during the period.

iShares Core Dividend Growth ETF Stock Up 0.7 %

DGRO traded up $0.43 during trading on Friday, hitting $62.38. The company had a trading volume of 415,891 shares, compared to its average volume of 1,428,523. The company has a market capitalization of $29.53 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a one year low of $48.76 and a one year high of $64.00. The firm’s 50-day moving average price is $62.29 and its 200 day moving average price is $59.49.

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.