Mayflower Financial Advisors LLC Purchases 722 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Mayflower Financial Advisors LLC raised its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,905 shares of the company’s stock after buying an additional 722 shares during the period. Mayflower Financial Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,204,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of DGRO. Fisher Asset Management LLC grew its position in iShares Core Dividend Growth ETF by 3.6% in the 4th quarter. Fisher Asset Management LLC now owns 5,166 shares of the company’s stock valued at $278,000 after acquiring an additional 179 shares during the last quarter. Blue Bell Private Wealth Management LLC increased its stake in iShares Core Dividend Growth ETF by 6.8% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 2,865 shares of the company’s stock worth $166,000 after buying an additional 182 shares during the period. Sheaff Brock Investment Advisors LLC lifted its holdings in iShares Core Dividend Growth ETF by 2.7% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 7,086 shares of the company’s stock valued at $411,000 after buying an additional 186 shares in the last quarter. Destination Wealth Management boosted its position in iShares Core Dividend Growth ETF by 3.3% in the 2nd quarter. Destination Wealth Management now owns 6,764 shares of the company’s stock valued at $390,000 after buying an additional 213 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its position in iShares Core Dividend Growth ETF by 2.8% in the 1st quarter. Sequoia Financial Advisors LLC now owns 8,289 shares of the company’s stock valued at $481,000 after buying an additional 228 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO traded down $0.20 during trading on Thursday, reaching $61.30. 101,416 shares of the company were exchanged, compared to its average volume of 1,405,026. The business’s fifty day simple moving average is $59.58 and its 200-day simple moving average is $57.91. iShares Core Dividend Growth ETF has a 12-month low of $47.19 and a 12-month high of $62.19. The firm has a market capitalization of $29.02 billion, a PE ratio of 19.25 and a beta of 0.71.

About iShares Core Dividend Growth ETF

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.