MML Investors Services LLC Has $235.95 Million Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

MML Investors Services LLC raised its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,846,565 shares of the company’s stock after acquiring an additional 49,602 shares during the quarter. iShares Core Dividend Growth ETF comprises approximately 0.8% of MML Investors Services LLC’s holdings, making the stock its 16th largest position. MML Investors Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $235,948,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. LPL Financial LLC boosted its position in iShares Core Dividend Growth ETF by 10.4% during the fourth quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock worth $905,150,000 after purchasing an additional 1,392,383 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter worth $616,824,000. Commonwealth Equity Services LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 9.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,766,539 shares of the company’s stock worth $476,399,000 after buying an additional 673,044 shares during the period. Capital Investment Advisors LLC grew its stake in iShares Core Dividend Growth ETF by 2.5% in the 4th quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock valued at $459,778,000 after buying an additional 180,448 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in iShares Core Dividend Growth ETF by 17.7% in the 4th quarter. Wells Fargo & Company MN now owns 6,198,943 shares of the company’s stock worth $380,243,000 after acquiring an additional 932,713 shares during the period.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $58.22 on Friday. The stock has a market capitalization of $28.65 billion, a price-to-earnings ratio of 20.41 and a beta of 0.86. The company has a 50-day moving average of $61.29 and a two-hundred day moving average of $62.36. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week high of $65.08.

iShares Core Dividend Growth ETF Company 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.