iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Position Boosted by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 7,842,422 shares of the company’s stock after buying an additional 108,051 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Core Dividend Growth ETF were worth $491,641,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Cetera Investment Advisers lifted its position in shares of iShares Core Dividend Growth ETF by 319.5% in the 1st quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock worth $111,616,000 after buying an additional 1,464,167 shares during the last quarter. Strategic Financial Concepts LLC lifted its holdings in iShares Core Dividend Growth ETF by 1,953.2% in the second quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock worth $741,000 after acquiring an additional 1,223,349 shares during the last quarter. LPL Financial LLC boosted its stake in 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 during the period. Sanctuary Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF during the second quarter valued at approximately $45,148,000. Finally, Smith Anglin Financial LLC raised its position in shares of iShares Core Dividend Growth ETF by 78.4% during the 3rd 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 during the period.

iShares Core Dividend Growth ETF Trading Up 0.4 %

Shares of NYSEARCA DGRO opened at $63.24 on Tuesday. The company has a market cap of $29.94 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The stock’s 50 day simple moving average is $62.75 and its 200 day simple moving average is $60.18. iShares Core Dividend Growth ETF has a 12-month low of $50.76 and a 12-month 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.