J.W. Cole Advisors Inc. Grows Stock Position in iShares Core Dividend Growth ETF $DGRO

J.W. Cole Advisors Inc. grew its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 719,151 shares of the company’s stock after acquiring an additional 15,669 shares during the quarter. iShares Core Dividend Growth ETF comprises 1.0% of J.W. Cole Advisors Inc.’s holdings, making the stock its 11th largest position. J.W. Cole Advisors Inc. owned 0.14% of iShares Core Dividend Growth ETF worth $49,923,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in DGRO. 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. Wellington Management Group LLP acquired a new stake in iShares Core Dividend Growth ETF during the third quarter worth $65,915,000. MML Investors Services LLC increased its stake in iShares Core Dividend Growth ETF by 25.9% during the second quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock worth $289,967,000 after acquiring an additional 934,207 shares during the last quarter. HighTower Advisors LLC increased its stake in iShares Core Dividend Growth ETF by 15.7% during the third quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock worth $337,810,000 after acquiring an additional 673,706 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its stake in iShares Core Dividend Growth ETF by 4.7% during the fourth quarter. Wealthfront Advisers LLC now owns 13,931,233 shares of the company’s stock worth $967,106,000 after acquiring an additional 628,342 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.8%

DGRO stock opened at $75.76 on Friday. The business has a fifty day moving average of $72.79 and a two-hundred day moving average of $71.61. The stock has a market cap of $40.77 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 52-week low of $62.05 and a 52-week high of $75.81.

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.