Sheaff Brock Investment Advisors LLC Raises Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sheaff Brock Investment Advisors LLC lifted its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.7% in the first quarter, Holdings Channel reports. The firm owned 7,086 shares of the company’s stock after purchasing an additional 186 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $411,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. CreativeOne Wealth LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 11.1% during the 1st quarter. CreativeOne Wealth LLC now owns 20,348 shares of the company’s stock worth $1,182,000 after purchasing an additional 2,034 shares during the period. Evermay Wealth Management LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 28.3% during the 1st quarter. Evermay Wealth Management LLC now owns 7,064 shares of the company’s stock worth $410,000 after purchasing an additional 1,560 shares during the period. Vaughan David Investments LLC IL grew its holdings in shares of iShares Core Dividend Growth ETF by 2.7% during the 1st quarter. Vaughan David Investments LLC IL now owns 503,504 shares of the company’s stock worth $29,233,000 after purchasing an additional 13,463 shares during the period. O Shaughnessy Asset Management LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 362.3% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 6,704 shares of the company’s stock worth $389,000 after purchasing an additional 5,254 shares during the period. Finally, Brogan Financial Inc. purchased a new stake in shares of iShares Core Dividend Growth ETF during the 1st quarter worth about $202,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO traded up $0.68 during trading on Friday, reaching $59.93. 673,252 shares of the stock were exchanged, compared to its average volume of 1,458,757. The firm has a market cap of $28.37 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12-month low of $47.19 and a 12-month high of $60.56. The firm’s 50-day moving average price is $58.06 and its 200 day moving average price is $56.77.

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.