Stephens Inc. AR Grows Stake in iShares Core Dividend Growth ETF $DGRO

Stephens Inc. AR increased its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 165,488 shares of the company’s stock after acquiring an additional 9,331 shares during the quarter. Stephens Inc. AR’s holdings in iShares Core Dividend Growth ETF were worth $11,614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Greenline Wealth Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $25,000. Tortoise Investment Management LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 89.5% in the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock worth $26,000 after purchasing an additional 179 shares during the period. MBM Wealth Consultants LLC bought a new position in shares of iShares Core Dividend Growth ETF in the 1st quarter worth approximately $27,000. Ankerstar Wealth LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth approximately $26,000. Finally, Group One Trading LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth approximately $28,000.

iShares Core Dividend Growth ETF Trading Up 0.8%

NYSEARCA DGRO traded up $0.61 during trading hours on Tuesday, hitting $77.88. 360,155 shares of the company’s stock traded hands, compared to its average volume of 2,104,517. The business’s fifty day moving average price is $74.66 and its two-hundred day moving average price is $72.61. The firm has a market capitalization of $42.37 billion, a P/E ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 52 week low of $63.76 and a 52 week high of $78.06.

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.