Adell Harriman & Carpenter Inc. Acquires 750 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Adell Harriman & Carpenter Inc. boosted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,363 shares of the company’s stock after buying an additional 750 shares during the quarter. Adell Harriman & Carpenter Inc.’s holdings in iShares Core Dividend Growth ETF were worth $697,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of DGRO. Strategic Financial Concepts LLC grew its position in shares of iShares Core Dividend Growth ETF by 5,922.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,334,049 shares of the company’s stock valued at $81,831,000 after purchasing an additional 1,311,899 shares during the last quarter. Stonebridge Financial Group LLC bought a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at approximately $44,389,000. MML Investors Services LLC grew its holdings in iShares Core Dividend Growth ETF by 20.4% in the 3rd quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock valued at $238,032,000 after buying an additional 644,193 shares during the last quarter. LPL Financial LLC increased its position in iShares Core Dividend Growth ETF by 3.2% in 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. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of iShares Core Dividend Growth ETF by 171.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 386,293 shares of the company’s stock worth $23,657,000 after buying an additional 243,893 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.4 %

DGRO opened at $63.81 on Friday. The business has a 50 day moving average of $62.53 and a 200-day moving average of $62.32. The stock has a market capitalization of $30.21 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1-year low of $55.08 and a 1-year 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.