Ledyard National Bank Purchases New Shares in iShares Core Dividend Growth ETF $DGRO

Ledyard National Bank purchased a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 1,224,316 shares of the company’s stock, valued at approximately $92,301,000. iShares Core Dividend Growth ETF comprises approximately 7.2% of Ledyard National Bank’s investment portfolio, making the stock its largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DGRO. MBM Wealth Consultants LLC acquired a new stake in iShares Core Dividend Growth ETF in the first quarter valued at approximately $27,000. Financial Freedom LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the first quarter valued at approximately $35,000. IAG Wealth Partners LLC lifted its position in shares of iShares Core Dividend Growth ETF by 100.7% during the first quarter. IAG Wealth Partners LLC now owns 592 shares of the company’s stock worth $42,000 after purchasing an additional 297 shares in the last quarter. Tompkins Financial Corp acquired a new position in shares of iShares Core Dividend Growth ETF during the third quarter worth $50,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the third quarter worth $51,000.

iShares Core Dividend Growth ETF Trading Up 1.2%

Shares of DGRO stock opened at $80.29 on Friday. The company has a market capitalization of $44.76 billion, a PE ratio of 19.66 and a beta of 0.76. The firm has a fifty day simple moving average of $78.07 and a 200-day simple moving average of $76.29. iShares Core Dividend Growth ETF has a twelve month low of $67.14 and a twelve month high of $80.58.

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.