DAVENPORT & Co LLC Buys 16,986 Shares of iShares Core Dividend Growth ETF $DGRO

DAVENPORT & Co LLC raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 289,338 shares of the company’s stock after acquiring an additional 16,986 shares during the quarter. DAVENPORT & Co LLC owned about 0.06% of iShares Core Dividend Growth ETF worth $18,500,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in DGRO. First Financial Bankshares Inc boosted its stake in iShares Core Dividend Growth ETF by 4.6% in the 1st quarter. First Financial Bankshares Inc now owns 3,915 shares of the company’s stock valued at $242,000 after purchasing an additional 173 shares during the period. Pallas Capital Advisors LLC boosted its position in shares of iShares Core Dividend Growth ETF by 1.6% in the first quarter. Pallas Capital Advisors LLC now owns 11,762 shares of the company’s stock valued at $727,000 after acquiring an additional 187 shares during the period. JFS Wealth Advisors LLC grew its stake in shares of iShares Core Dividend Growth ETF by 60.7% in the first quarter. JFS Wealth Advisors LLC now owns 495 shares of the company’s stock valued at $31,000 after acquiring an additional 187 shares in the last quarter. Wedmont Private Capital increased its position in iShares Core Dividend Growth ETF by 1.6% during the first quarter. Wedmont Private Capital now owns 12,488 shares of the company’s stock worth $729,000 after acquiring an additional 196 shares during the period. Finally, Nicolet Advisory Services LLC raised its stake in iShares Core Dividend Growth ETF by 5.4% in the 1st quarter. Nicolet Advisory Services LLC now owns 3,875 shares of the company’s stock worth $222,000 after purchasing an additional 197 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.0%

NYSEARCA DGRO opened at $68.57 on Tuesday. The firm has a 50-day moving average price of $66.70 and a two-hundred day moving average price of $63.51. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $68.88. The company has a market capitalization of $34.66 billion, a P/E ratio of 19.66 and a beta of 0.89.

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.