Truist Financial Corp Grows Position in iShares Core Dividend Growth ETF $DGRO

Truist Financial Corp raised its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,025,665 shares of the company’s stock after acquiring an additional 30,141 shares during the quarter. Truist Financial Corp owned 0.60% of iShares Core Dividend Growth ETF worth $205,987,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Private Wealth Asset Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the 2nd quarter valued at about $28,000. Strategic Wealth Investment Group LLC acquired a new position in iShares Core Dividend Growth ETF during the second quarter worth about $29,000. Advantage Trust Co purchased a new position in iShares Core Dividend Growth ETF in the second quarter valued at about $32,000. Grey Fox Wealth Advisors LLC purchased a new position in iShares Core Dividend Growth ETF in the third quarter valued at about $33,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at approximately $43,000.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $71.57 on Wednesday. The firm has a market capitalization of $37.25 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84. The business’s 50 day simple moving average is $70.01 and its 200-day simple moving average is $68.06. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $71.66.

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.