Keenan LLC Acquires Shares of 96,349 iShares Core Dividend Growth ETF $DGRO

Keenan LLC bought a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 96,349 shares of the company’s stock, valued at approximately $6,689,000. iShares Core Dividend Growth ETF comprises approximately 5.9% of Keenan LLC’s investment portfolio, making the stock its 7th biggest position.

A number of other large investors have also modified their holdings of the business. Royal Bank of Canada raised its position in shares of iShares Core Dividend Growth ETF by 24.0% in the fourth quarter. Royal Bank of Canada now owns 8,137,125 shares of the company’s stock valued at $564,879,000 after buying an additional 1,576,241 shares during the last quarter. Ameriprise Financial Inc. boosted 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 acquiring an additional 1,080,418 shares during the last quarter. Wellington Management Group LLP acquired a new position in iShares Core Dividend Growth ETF during the third quarter worth about $65,915,000. MML Investors Services LLC grew its stake in iShares Core Dividend Growth ETF by 25.9% during the 2nd quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock valued at $289,967,000 after acquiring an additional 934,207 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in iShares Core Dividend Growth ETF by 10.4% during the 4th quarter. Wells Fargo & Company MN now owns 7,050,627 shares of the company’s stock valued at $489,454,000 after acquiring an additional 665,808 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $74.82 on Friday. The company has a market cap of $40.26 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 12 month low of $62.05 and a 12 month high of $76.07. The firm has a 50-day moving average of $73.91 and a two-hundred day moving average of $72.11.

iShares Core Dividend Growth ETF 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.