IFP Advisors Inc Raises Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

IFP Advisors Inc lifted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 14.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,122 shares of the company’s stock after purchasing an additional 7,129 shares during the quarter. IFP Advisors Inc’s holdings in iShares Core Dividend Growth ETF were worth $3,504,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. LPL Financial LLC lifted 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 period. PNC Financial Services Group Inc. raised its stake in shares of iShares Core Dividend Growth ETF by 1.4% in the third quarter. PNC Financial Services Group Inc. now owns 7,842,422 shares of the company’s stock worth $491,641,000 after purchasing an additional 108,051 shares during the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 2.5% during the fourth quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock worth $459,778,000 after purchasing an additional 180,448 shares during the period. MML Investors Services LLC boosted its position in iShares Core Dividend Growth ETF by 20.4% in the third quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock valued at $238,032,000 after buying an additional 644,193 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in iShares Core Dividend Growth ETF by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,304,969 shares of the company’s stock worth $207,189,000 after buying an additional 130,763 shares during the period.

iShares Core Dividend Growth ETF Trading Down 0.1 %

DGRO opened at $63.70 on Tuesday. iShares Core Dividend Growth ETF has a 12-month low of $55.08 and a 12-month high of $65.08. The firm has a 50 day moving average of $62.60 and a two-hundred day moving average of $62.58. The firm has a market capitalization of $30.16 billion, a PE ratio of 19.25 and a beta of 0.71.

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.