iShares Core Dividend Growth ETF $DGRO Shares Newly Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC bought a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,132,894 shares of the company’s stock, valued at approximately $537,749,000. iShares Core Dividend Growth ETF comprises approximately 0.7% of Commonwealth Equity Services LLC’s holdings, making the stock its 19th largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Concurrent Investment Advisors LLC lifted its position in iShares Core Dividend Growth ETF by 84.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 197,951 shares of the company’s stock valued at $15,003,000 after acquiring an additional 90,503 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares Core Dividend Growth ETF by 4.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,099,887 shares of the company’s stock worth $841,260,000 after purchasing an additional 472,809 shares in the last quarter. Ferguson Wellman Capital Management Inc. bought a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth $1,249,000. Citizens Financial Group Inc. RI bought a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth $1,125,000. Finally, Accel Wealth Management increased its holdings in shares of iShares Core Dividend Growth ETF by 6.6% in the 2nd quarter. Accel Wealth Management now owns 258,988 shares of the company’s stock worth $19,629,000 after purchasing an additional 15,988 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $80.25 on Friday. iShares Core Dividend Growth ETF has a 1-year low of $67.14 and a 1-year high of $82.90. The business has a fifty day moving average price of $78.27 and a 200-day moving average price of $75.35. The stock has a market capitalization of $44.84 billion, a P/E ratio of 19.66 and a beta of 0.75.

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.