Concurrent Investment Advisors LLC Has $2.20 Million Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Concurrent Investment Advisors LLC raised its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 20.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 35,904 shares of the company’s stock after purchasing an additional 6,082 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,202,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of DGRO. Strategic Financial Concepts LLC grew its position in shares of iShares Core Dividend Growth ETF by 5,922.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,334,049 shares of the company’s stock valued at $81,831,000 after purchasing an additional 1,311,899 shares during the period. Stonebridge Financial Group LLC acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $44,389,000. MML Investors Services LLC boosted its position in iShares Core Dividend Growth ETF by 20.4% during the 3rd quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after acquiring an additional 644,193 shares during the last quarter. LPL Financial LLC boosted its position in iShares Core Dividend Growth ETF by 3.2% during the 3rd quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock worth $837,783,000 after acquiring an additional 413,083 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in iShares Core Dividend Growth ETF by 171.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 386,293 shares of the company’s stock worth $23,657,000 after acquiring an additional 243,893 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.8 %

NYSEARCA:DGRO opened at $63.76 on Friday. iShares Core Dividend Growth ETF has a twelve month low of $55.08 and a twelve month high of $65.08. The company has a market cap of $30.19 billion, a P/E ratio of 19.25 and a beta of 0.71. The business has a 50 day moving average price of $62.59 and a two-hundred day moving average price of $62.48.

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.