Ellis Investment Partners LLC Acquires 178 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Ellis Investment Partners LLC grew its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,521 shares of the company’s stock after purchasing an additional 178 shares during the period. Ellis Investment Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,381,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of DGRO. Strategic Financial Concepts LLC increased its holdings in iShares Core Dividend Growth ETF by 5,922.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,334,049 shares of the company’s stock worth $81,831,000 after buying an additional 1,311,899 shares in the last quarter. Stonebridge Financial Group LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter worth approximately $44,389,000. MML Investors Services LLC grew its stake in shares of iShares Core Dividend Growth ETF by 20.4% in the third quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after acquiring an additional 644,193 shares during the period. LPL Financial LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 3.2% during the third quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after purchasing an additional 413,083 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in 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 valued at $23,657,000 after purchasing an additional 243,893 shares during the period.

iShares Core Dividend Growth ETF Trading Down 0.4 %

NYSEARCA:DGRO opened at $63.81 on Friday. The company has a market cap of $30.21 billion, a PE ratio of 19.25 and a beta of 0.71. The company has a 50 day simple moving average of $62.53 and a two-hundred day simple moving average of $62.34. iShares Core Dividend Growth ETF has a 12 month low of $55.08 and a 12 month high of $65.08.

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.