iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Stock Position Increased by Capital Investment Advisors LLC

Capital Investment Advisors LLC lifted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,315,118 shares of the company’s stock after purchasing an additional 109,977 shares during the period. iShares Core Dividend Growth ETF comprises approximately 9.4% of Capital Investment Advisors LLC’s holdings, making the stock its biggest holding. Capital Investment Advisors LLC owned 1.55% of iShares Core Dividend Growth ETF worth $458,585,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. LPL Financial LLC increased its position in iShares Core Dividend Growth ETF by 8.8% during the second quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock worth $746,096,000 after buying an additional 1,047,837 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares Core Dividend Growth ETF by 4.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,006,470 shares of the company’s stock worth $518,863,000 after purchasing an additional 368,759 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in iShares Core Dividend Growth ETF by 1.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 8,821,774 shares of the company’s stock valued at $508,222,000 after purchasing an additional 111,539 shares during the last quarter. Raymond James & Associates lifted its holdings in iShares Core Dividend Growth ETF by 0.9% in the 2nd quarter. Raymond James & Associates now owns 2,493,415 shares of the company’s stock valued at $143,646,000 after purchasing an additional 22,785 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of iShares Core Dividend Growth ETF by 3.2% during the 2nd quarter. Cetera Investment Advisers now owns 1,984,694 shares of the company’s stock worth $114,338,000 after purchasing an additional 62,271 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO opened at $63.92 on Friday. The company has a 50-day simple moving average of $61.86 and a 200-day simple moving average of $59.14. The company has a market cap of $30.26 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12 month low of $47.19 and a 12 month high of $64.00.

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.