Stephens Inc. AR Purchases 5,074 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Stephens Inc. AR raised its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 5.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 98,763 shares of the company’s stock after acquiring an additional 5,074 shares during the quarter. Stephens Inc. AR’s holdings in iShares Core Dividend Growth ETF were worth $6,058,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Strategic Financial Concepts LLC boosted its position in iShares Core Dividend Growth ETF by 5,922.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,334,049 shares of the company’s stock worth $81,831,000 after purchasing an additional 1,311,899 shares during the period. MML Investors Services LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 20.4% during the 3rd quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after buying an additional 644,193 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 3.2% during the 3rd quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock worth $837,783,000 after buying an additional 413,083 shares during the period. Summit Investment Advisory Services LLC acquired a new position in iShares Core Dividend Growth ETF in the 3rd quarter valued at about $23,432,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in iShares Core Dividend Growth ETF by 171.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 386,293 shares of the company’s stock valued at $23,657,000 after buying an additional 243,893 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.4 %

Shares of DGRO stock opened at $63.55 on Tuesday. iShares Core Dividend Growth ETF has a 12-month low of $54.31 and a 12-month high of $65.08. The company has a market capitalization of $30.09 billion, a PE ratio of 19.25 and a beta of 0.71. The firm has a 50 day moving average price of $62.56 and a two-hundred day moving average price of $62.24.

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.