iShares Core Dividend Growth ETF $DGRO Stake Raised by Hughes Financial Services LLC

Hughes Financial Services LLC raised its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 502,555 shares of the company’s stock after acquiring an additional 19,452 shares during the period. iShares Core Dividend Growth ETF makes up 5.2% of Hughes Financial Services LLC’s holdings, making the stock its 6th biggest holding. Hughes Financial Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $40,818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Concurrent Investment Advisors LLC raised its position in iShares Core Dividend Growth ETF by 84.2% in the second quarter. Concurrent Investment Advisors LLC now owns 197,951 shares of the company’s stock valued at $15,003,000 after purchasing an additional 90,503 shares during the period. Envestnet Asset Management Inc. raised its position in iShares Core Dividend Growth ETF by 4.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,099,887 shares of the company’s stock valued at $841,260,000 after purchasing an additional 472,809 shares in the last quarter. Ferguson Wellman Capital Management Inc. purchased a new position in iShares Core Dividend Growth ETF in the third quarter worth approximately $1,249,000. Citizens Financial Group Inc. RI purchased a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at approximately $1,125,000. Finally, Accel Wealth Management increased its position in shares of iShares Core Dividend Growth ETF by 6.6% in the 2nd quarter. Accel Wealth Management now owns 258,988 shares of the company’s stock valued at $19,629,000 after purchasing an additional 15,988 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.6%

Shares of DGRO opened at $80.76 on Wednesday. iShares Core Dividend Growth ETF has a twelve month low of $67.14 and a twelve month high of $81.79. The firm’s fifty day simple moving average is $78.21 and its 200-day simple moving average is $75.25. The firm has a market capitalization of $45.09 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76.

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.