iShares Core Dividend Growth ETF $DGRO Holdings Lifted by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. increased its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 9.7% in the third quarter, HoldingsChannel reports. The firm owned 1,398,060 shares of the company’s stock after acquiring an additional 123,235 shares during the quarter. iShares Core Dividend Growth ETF accounts for 2.7% of Confluence Wealth Services Inc.’s portfolio, making the stock its 11th biggest position. Confluence Wealth Services Inc.’s holdings in iShares Core Dividend Growth ETF were worth $105,400,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Investment Advisors LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at about $645,925,000. Commonwealth Equity Services LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the third quarter worth about $537,749,000. Wealthfront Advisers LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 25.1% in the first quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock worth $1,222,936,000 after buying an additional 3,494,469 shares during the last quarter. Avior Wealth Management LLC acquired a new stake in iShares Core Dividend Growth ETF during the third quarter worth about $163,214,000. Finally, Ledyard National Bank acquired a new stake in iShares Core Dividend Growth ETF during the third quarter worth about $92,301,000.

iShares Core Dividend Growth ETF Stock Up 0.3%

iShares Core Dividend Growth ETF stock opened at $81.55 on Wednesday. The business’s 50-day moving average price is $78.37 and its 200 day moving average price is $75.50. The firm has a market cap of $45.64 billion, a price-to-earnings ratio of 22.08 and a beta of 0.76. iShares Core Dividend Growth ETF has a 52 week low of $67.14 and a 52 week high of $82.90.

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.