iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Acquired by LPL Financial LLC

LPL Financial LLC boosted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,363,898 shares of the company’s stock after acquiring an additional 413,083 shares during the quarter. LPL Financial LLC owned 2.82% of iShares Core Dividend Growth ETF worth $837,783,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Tsfg LLC increased its stake in iShares Core Dividend Growth ETF by 104.1% during the 2nd quarter. Tsfg LLC now owns 496 shares of the company’s stock valued at $29,000 after buying an additional 253 shares during the period. Bfsg LLC bought a new position in iShares Core Dividend Growth ETF during the third quarter valued at about $61,000. Quent Capital LLC grew its holdings in iShares Core Dividend Growth ETF by 49,900.0% during the third quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock worth $63,000 after acquiring an additional 998 shares during the period. Ridgewood Investments LLC bought a new stake in iShares Core Dividend Growth ETF in the second quarter worth about $68,000. Finally, Darwin Wealth Management LLC acquired a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at about $105,000.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO opened at $63.04 on Thursday. The firm’s 50 day moving average is $62.83 and its 200-day moving average is $60.24. iShares Core Dividend Growth ETF has a 12-month low of $50.84 and a 12-month high of $64.52. The stock has a market capitalization of $29.85 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.