Simplicity Wealth LLC Grows Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Simplicity Wealth LLC raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 81.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,667 shares of the company’s stock after buying an additional 11,077 shares during the period. Simplicity Wealth LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,577,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. LPL Financial LLC raised its holdings in iShares Core Dividend Growth ETF by 6.4% during the first quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock worth $969,797,000 after purchasing an additional 941,311 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of iShares Core Dividend Growth ETF by 1.7% during the 1st quarter. Raymond James Financial Inc. now owns 10,230,233 shares of the company’s stock worth $632,024,000 after buying an additional 174,417 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of iShares Core Dividend Growth ETF by 3.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 7,996,206 shares of the company’s stock worth $494,006,000 after buying an additional 229,667 shares during the last quarter. Capital Investment Advisors LLC boosted its position in shares of iShares Core Dividend Growth ETF by 3.3% in the 2nd quarter. Capital Investment Advisors LLC now owns 7,961,214 shares of the company’s stock worth $509,040,000 after buying an additional 257,838 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in iShares Core Dividend Growth ETF by 0.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,745,402 shares of the company’s stock valued at $478,511,000 after acquiring an additional 55,058 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.5%

Shares of NYSEARCA DGRO opened at $68.58 on Monday. The company’s 50-day moving average price is $66.64 and its 200 day moving average price is $63.46. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $68.88. The stock has a market cap of $34.66 billion, a price-to-earnings ratio of 19.66 and a beta of 0.89.

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.