iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Purchased by Capital Investment Advisors LLC

Capital Investment Advisors LLC boosted its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,495,566 shares of the company’s stock after buying an additional 180,448 shares during the quarter. iShares Core Dividend Growth ETF accounts for approximately 9.4% of Capital Investment Advisors LLC’s portfolio, making the stock its largest holding. Capital Investment Advisors LLC owned 1.58% of iShares Core Dividend Growth ETF worth $459,778,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in DGRO. HF Advisory Group LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 1.7% in the third quarter. HF Advisory Group LLC now owns 98,569 shares of the company’s stock valued at $6,179,000 after purchasing an additional 1,627 shares in the last quarter. Cornell Pochily Investment Advisors Inc. lifted its stake in iShares Core Dividend Growth ETF by 7.6% in the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 73,962 shares of the company’s stock valued at $4,637,000 after buying an additional 5,254 shares in the last quarter. World Investment Advisors LLC grew its holdings in iShares Core Dividend Growth ETF by 45.8% during the 3rd quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock valued at $2,323,000 after buying an additional 11,634 shares during the last quarter. Fisher Asset Management LLC purchased a new position in iShares Core Dividend Growth ETF during the third quarter worth $208,000. Finally, Newbridge Financial Services Group Inc. raised its holdings in shares of iShares Core Dividend Growth ETF by 2.0% in the second quarter. Newbridge Financial Services Group Inc. now owns 18,129 shares of the company’s stock worth $1,044,000 after acquiring an additional 362 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO stock traded up $0.12 during midday trading on Monday, hitting $60.58. The stock had a trading volume of 722,678 shares, compared to its average volume of 1,860,408. The company’s 50-day moving average price is $62.91 and its 200 day moving average price is $61.60. The firm has a market cap of $28.68 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12-month low of $53.11 and a 12-month high of $65.08.

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.