Valeo Financial Advisors LLC Grows Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Valeo Financial Advisors LLC grew its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 25.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 14,458 shares of the company’s stock after buying an additional 2,934 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $887,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Alpha Financial Partners LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $1,152,000. Creative Planning lifted its holdings in shares of iShares Core Dividend Growth ETF by 3.1% in the 3rd quarter. Creative Planning now owns 188,637 shares of the company’s stock worth $11,826,000 after acquiring an additional 5,690 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of iShares Core Dividend Growth ETF by 1,520.8% in the 3rd quarter. Blue Trust Inc. now owns 6,402 shares of the company’s stock worth $369,000 after acquiring an additional 6,007 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of iShares Core Dividend Growth ETF by 1.8% in the 3rd quarter. Raymond James & Associates now owns 2,538,953 shares of the company’s stock worth $159,167,000 after acquiring an additional 45,538 shares during the last quarter. Finally, Alta Wealth Advisors LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 2.6% in the 3rd quarter. Alta Wealth Advisors LLC now owns 7,693 shares of the company’s stock worth $482,000 after acquiring an additional 194 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $63.81 on Monday. The firm has a market cap of $30.21 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a fifty-two week low of $55.08 and a fifty-two week high of $65.08. The firm has a 50 day moving average price of $62.53 and a 200-day moving average price of $62.35.

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.