Ledyard National Bank Raises Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Ledyard National Bank boosted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,088,452 shares of the company’s stock after purchasing an additional 45,453 shares during the quarter. iShares Core Dividend Growth ETF makes up 6.0% of Ledyard National Bank’s portfolio, making the stock its biggest holding. Ledyard National Bank’s holdings in iShares Core Dividend Growth ETF were worth $58,580,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of iShares Core Dividend Growth ETF by 5.1% in the 3rd quarter. LPL Financial LLC now owns 10,626,839 shares of the company’s stock worth $526,347,000 after purchasing an additional 511,407 shares during the last quarter. Capital Investment Advisors LLC raised its position in iShares Core Dividend Growth ETF by 2.7% in the 4th quarter. Capital Investment Advisors LLC now owns 7,024,881 shares of the company’s stock worth $378,079,000 after buying an additional 183,410 shares during the last quarter. Royal Bank of Canada raised its position in iShares Core Dividend Growth ETF by 5.3% in the 3rd quarter. Royal Bank of Canada now owns 5,601,527 shares of the company’s stock worth $277,444,000 after buying an additional 280,775 shares during the last quarter. UBS Group AG raised its position in iShares Core Dividend Growth ETF by 0.4% in the 3rd quarter. UBS Group AG now owns 5,100,464 shares of the company’s stock worth $252,626,000 after buying an additional 18,497 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its position in iShares Core Dividend Growth ETF by 42.1% in the 3rd quarter. Wealthfront Advisers LLC now owns 4,153,422 shares of the company’s stock worth $205,719,000 after buying an additional 1,231,332 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO traded up $0.26 during midday trading on Monday, hitting $56.60. 1,597,385 shares of the company’s stock traded hands, compared to its average volume of 1,583,241. iShares Core Dividend Growth ETF has a 1 year low of $47.19 and a 1 year high of $58.19. The stock has a market capitalization of $26.65 billion, a price-to-earnings ratio of 18.84 and a beta of 0.89. The firm has a fifty day moving average of $56.64 and a 200 day moving average of $53.82.

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.