LPL Financial LLC Raises Holdings in iShares Core Dividend Growth ETF $DGRO

LPL Financial LLC raised its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,763,346 shares of the company’s stock after purchasing an additional 595,710 shares during the period. LPL Financial LLC owned approximately 3.59% of iShares Core Dividend Growth ETF worth $1,302,551,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Tortoise Investment Management LLC boosted its stake in iShares Core Dividend Growth ETF by 89.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock valued at $26,000 after purchasing an additional 179 shares during the last quarter. Group One Trading LLC purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter valued at $28,000. Costello Asset Management INC boosted its stake in iShares Core Dividend Growth ETF by 79.5% during the 3rd quarter. Costello Asset Management INC now owns 420 shares of the company’s stock valued at $29,000 after purchasing an additional 186 shares during the last quarter. Strategic Wealth Investment Group LLC purchased a new stake in iShares Core Dividend Growth ETF during the 2nd quarter valued at $29,000. Finally, Independence Bank of Kentucky boosted its stake in iShares Core Dividend Growth ETF by 80.7% during the 4th quarter. Independence Bank of Kentucky now owns 506 shares of the company’s stock valued at $35,000 after purchasing an additional 226 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $75.17 on Monday. The business’s fifty day simple moving average is $72.89 and its two-hundred day simple moving average is $71.66. iShares Core Dividend Growth ETF has a 12 month low of $62.05 and a 12 month high of $75.84. The company has a market cap of $40.45 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77.

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.