Bouvel Investment Partners LLC Lowers Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Bouvel Investment Partners LLC cut its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 25,667 shares of the company’s stock after selling 487 shares during the period. Bouvel Investment Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,609,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers raised its position in shares of iShares Core Dividend Growth ETF by 319.5% during the 1st quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock worth $111,616,000 after purchasing an additional 1,464,167 shares during the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 1,953.2% during the second quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock valued at $741,000 after acquiring an additional 1,223,349 shares during the last quarter. LPL Financial LLC lifted its position in shares of iShares Core Dividend Growth ETF by 8.8% in the second quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock valued at $746,096,000 after acquiring an additional 1,047,837 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the second quarter worth approximately $45,148,000. Finally, Smith Anglin Financial LLC increased its position in shares of iShares Core Dividend Growth ETF by 78.4% during the third quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock worth $84,424,000 after purchasing an additional 591,701 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO opened at $63.76 on Thursday. The firm has a market capitalization of $30.19 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company’s 50 day simple moving average is $62.60 and its two-hundred day simple moving average is $60.00. iShares Core Dividend Growth ETF has a 1-year low of $50.11 and a 1-year high of $64.52.

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.