iShares Core Dividend Growth ETF $DGRO is TME Financial Inc.’s 7th Largest Position

TME Financial Inc. lifted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 12.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,934 shares of the company’s stock after purchasing an additional 9,166 shares during the period. iShares Core Dividend Growth ETF comprises about 4.2% of TME Financial Inc.’s holdings, making the stock its 7th largest holding. TME Financial Inc.’s holdings in iShares Core Dividend Growth ETF were worth $5,175,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DGRO. LPL Financial LLC increased its holdings in iShares Core Dividend Growth ETF by 6.4% in the first quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock valued at $969,797,000 after buying an additional 941,311 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Core Dividend Growth ETF by 42.4% in the second quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock valued at $865,424,000 after buying an additional 4,028,341 shares during the last quarter. Raymond James Financial Inc. increased its holdings in iShares Core Dividend Growth ETF by 1.7% in the first quarter. Raymond James Financial Inc. now owns 10,230,233 shares of the company’s stock valued at $632,024,000 after buying an additional 174,417 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in iShares Core Dividend Growth ETF by 3.0% in the first quarter. Commonwealth Equity Services LLC now owns 7,996,206 shares of the company’s stock valued at $494,006,000 after buying an additional 229,667 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its holdings in iShares Core Dividend Growth ETF by 3.3% in the second quarter. Capital Investment Advisors LLC now owns 7,961,214 shares of the company’s stock valued at $509,040,000 after buying an additional 257,838 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO opened at $67.54 on Wednesday. The firm has a market capitalization of $34.26 billion, a PE ratio of 19.66 and a beta of 0.84. The business’s fifty day moving average price is $67.76 and its 200 day moving average price is $64.87. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $69.20.

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.