iShares Core Dividend Growth ETF $DGRO Stake Lifted by JGP Wealth Management LLC

JGP Wealth Management LLC raised its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 502,029 shares of the company’s stock after buying an additional 14,253 shares during the quarter. iShares Core Dividend Growth ETF comprises about 3.6% of JGP Wealth Management LLC’s portfolio, making the stock its 6th biggest holding. JGP Wealth Management LLC owned approximately 0.10% of iShares Core Dividend Growth ETF worth $34,851,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of DGRO. Bank of America Corp DE grew its stake in iShares Core Dividend Growth ETF by 1.1% during the 3rd quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock valued at $1,270,529,000 after acquiring an additional 195,211 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of iShares Core Dividend Growth ETF by 4.6% in the third quarter. Raymond James Financial Inc. now owns 10,467,035 shares of the company’s stock valued at $712,596,000 after purchasing an additional 457,568 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of iShares Core Dividend Growth ETF by 16.4% in the third quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock valued at $583,076,000 after purchasing an additional 1,211,980 shares during the last quarter. Capital Investment Advisors LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 2.0% in the third quarter. Capital Investment Advisors LLC now owns 8,124,381 shares of the company’s stock valued at $553,108,000 after purchasing an additional 163,167 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in iShares Core Dividend Growth ETF by 15.8% during the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock worth $504,803,000 after buying an additional 1,080,418 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $69.50 on Tuesday. The stock’s fifty day moving average is $72.15 and its two-hundred day moving average is $69.90. The firm has a market capitalization of $36.29 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a fifty-two week low of $54.09 and a fifty-two week high of $74.28.

iShares Core Dividend Growth ETF Company 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.