Envestnet Asset Management Inc. Purchases 472,809 Shares of iShares Core Dividend Growth ETF $DGRO

Envestnet Asset Management Inc. increased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,099,887 shares of the company’s stock after buying an additional 472,809 shares during the quarter. Envestnet Asset Management Inc. owned 1.99% of iShares Core Dividend Growth ETF worth $841,260,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in DGRO. Auto Owners Insurance Co increased its holdings in shares of iShares Core Dividend Growth ETF by 9,203.2% in the fourth quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock worth $332,280,000 after acquiring an additional 47,350,590 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares Core Dividend Growth ETF by 3.3% during the fourth quarter. LPL Financial LLC now owns 18,763,346 shares of the company’s stock worth $1,302,551,000 after purchasing an additional 595,710 shares during the period. Wealthfront Advisers LLC raised its position in shares of iShares Core Dividend Growth ETF by 25.1% during the first quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock worth $1,222,936,000 after purchasing an additional 3,494,469 shares during the period. Royal Bank of Canada lifted its holdings in shares of iShares Core Dividend Growth ETF by 1.2% during the 1st quarter. Royal Bank of Canada now owns 8,230,843 shares of the company’s stock valued at $577,641,000 after purchasing an additional 93,718 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares Core Dividend Growth ETF by 7.4% during the 1st quarter. Cetera Investment Advisers now owns 3,324,499 shares of the company’s stock valued at $233,313,000 after purchasing an additional 228,446 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.6%

Shares of DGRO traded down $0.44 on Wednesday, hitting $76.51. The company’s stock had a trading volume of 1,509,412 shares, compared to its average volume of 1,874,542. The firm’s fifty day moving average price is $78.55 and its 200-day moving average price is $75.22. iShares Core Dividend Growth ETF has a fifty-two week low of $66.92 and a fifty-two week high of $80.58. The firm has a market capitalization of $42.72 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76.

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.