Morton Community Bank Has $18.09 Million Holdings in iShares Core Dividend Growth ETF $DGRO

Morton Community Bank raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 282,892 shares of the company’s stock after buying an additional 11,709 shares during the period. iShares Core Dividend Growth ETF accounts for 4.5% of Morton Community Bank’s holdings, making the stock its largest holding. Morton Community Bank’s holdings in iShares Core Dividend Growth ETF were worth $18,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Proathlete Wealth Management LLC bought a new position in shares of iShares Core Dividend Growth ETF in the 2nd quarter valued at $25,000. Rise Advisors LLC acquired a new position in iShares Core Dividend Growth ETF in the 1st quarter worth about $27,000. Private Wealth Asset Management LLC acquired a new position in iShares Core Dividend Growth ETF in the 2nd quarter worth about $28,000. Keystone Global Partners LLC bought a new position in iShares Core Dividend Growth ETF in the second quarter valued at about $30,000. Finally, Advantage Trust Co acquired a new stake in shares of iShares Core Dividend Growth ETF during the second quarter valued at about $32,000.

iShares Core Dividend Growth ETF Trading Down 0.1%

NYSEARCA:DGRO opened at $69.65 on Friday. The stock’s 50-day moving average is $68.39 and its 200-day moving average is $66.12. iShares Core Dividend Growth ETF has a 1-year low of $54.09 and a 1-year high of $70.03. The stock has a market cap of $35.35 billion, a P/E 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.