iShares Core Dividend Growth ETF $DGRO Shares Acquired by Stephens Inc. AR

Stephens Inc. AR increased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 14.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 142,509 shares of the company’s stock after buying an additional 18,065 shares during the quarter. Stephens Inc. AR’s holdings in iShares Core Dividend Growth ETF were worth $9,702,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its stake in shares of iShares Core Dividend Growth ETF by 42.4% in the second quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock worth $865,424,000 after purchasing an additional 4,028,341 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in iShares Core Dividend Growth ETF in the second quarter worth about $175,229,000. Ameriprise Financial Inc. lifted its holdings in iShares Core Dividend Growth ETF by 15.8% in the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock worth $504,803,000 after purchasing an additional 1,080,418 shares during the period. MML Investors Services LLC grew its position in iShares Core Dividend Growth ETF by 25.9% in the 2nd quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock valued at $289,967,000 after buying an additional 934,207 shares in the last quarter. Finally, Hughes Financial Services LLC increased its stake in iShares Core Dividend Growth ETF by 86,423.7% during the 2nd quarter. Hughes Financial Services LLC now owns 591,822 shares of the company’s stock valued at $38,356,000 after buying an additional 591,138 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.5%

DGRO stock opened at $71.26 on Thursday. The firm’s 50-day moving average is $69.45 and its two-hundred day moving average is $67.63. The company has a market capitalization of $37.03 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $71.27.

iShares Core Dividend Growth ETF 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.