ETF Outflow Update: DGRO, COP, QCOM, MDT

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The iShares Core Dividend Growth ETF (DGRO) experienced a notable outflow of approximately $73.2 million, representing a 0.2% decrease in shares outstanding from 538.3 million to 537.3 million this week. This change reflects investor adjustments within the ETF, which holds significant positions in companies like ConocoPhillips (COP), down 1.3%; Qualcomm Inc (QCOM), up 8.5%; and Medtronic PLC (MDT), down 0.6%.

DGRO’s share price is currently at $72.81, with a 52-week range between $58.81 and $74.28. The ETF’s performance can be analyzed against its 200-day moving average, providing insights into its relative strength over time.

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