UNIVEST FINANCIAL Corp Makes New Investment in iShares Core Dividend Growth ETF $DGRO

UNIVEST FINANCIAL Corp acquired a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 11,623 shares of the company’s stock, valued at approximately $876,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Investor s Fiduciary Advisor Network LLC grew its stake in iShares Core Dividend Growth ETF by 0.6% in the second quarter. Investor s Fiduciary Advisor Network LLC now owns 22,102 shares of the company’s stock valued at $1,675,000 after acquiring an additional 136 shares during the period. CX Institutional raised its position in shares of iShares Core Dividend Growth ETF by 3.5% during the third quarter. CX Institutional now owns 4,968 shares of the company’s stock worth $375,000 after purchasing an additional 166 shares during the period. Nwam LLC raised its position in shares of iShares Core Dividend Growth ETF by 1.3% during the first quarter. Nwam LLC now owns 18,059 shares of the company’s stock worth $1,267,000 after purchasing an additional 226 shares during the period. Roxbury Financial LLC raised its position in shares of iShares Core Dividend Growth ETF by 2.0% during the third quarter. Roxbury Financial LLC now owns 12,182 shares of the company’s stock worth $918,000 after purchasing an additional 238 shares during the period. Finally, Sound Financial Strategies Group LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 1.4% during the 2nd quarter. Sound Financial Strategies Group LLC now owns 17,593 shares of the company’s stock valued at $1,333,000 after purchasing an additional 247 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $81.85 on Friday. The stock has a 50 day simple moving average of $78.49 and a 200 day simple moving average of $75.60. iShares Core Dividend Growth ETF has a 52-week low of $67.14 and a 52-week high of $82.90. The firm has a market capitalization of $45.81 billion, a PE ratio of 22.08 and a beta of 0.76.

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.