LexAurum Advisors LLC Buys 7,162 Shares of iShares Core Dividend Growth ETF $DGRO

LexAurum Advisors LLC lifted its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 9.5% in the third quarter, Holdings Channel.com reports. The fund owned 82,524 shares of the company’s stock after acquiring an additional 7,162 shares during the quarter. LexAurum Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $5,618,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE increased its position in shares of iShares Core Dividend Growth ETF by 2.3% during the second quarter. Bank of America Corp DE now owns 18,467,081 shares of the company’s stock worth $1,180,785,000 after buying an additional 413,365 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares Core Dividend Growth ETF by 42.4% during the second quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock valued at $865,424,000 after acquiring an additional 4,028,341 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in iShares Core Dividend Growth ETF by 16.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock worth $583,076,000 after acquiring an additional 1,211,980 shares during the period. Capital Investment Advisors LLC raised its position in shares of iShares Core Dividend Growth ETF by 2.0% in the 3rd quarter. Capital Investment Advisors LLC now owns 8,124,381 shares of the company’s stock worth $553,108,000 after acquiring an additional 163,167 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of iShares Core Dividend Growth ETF by 15.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after purchasing an additional 1,080,418 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $73.95 on Monday. The stock’s 50-day moving average is $70.61 and its 200 day moving average is $68.49. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year high of $74.03. The firm has a market cap of $38.61 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84.

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.