Integrated Advisors Network LLC Raises Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Integrated Advisors Network LLC grew its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 37.6% in the first quarter, Holdings Channel reports. The fund owned 174,631 shares of the company’s stock after buying an additional 47,743 shares during the quarter. Integrated Advisors Network LLC’s holdings in iShares Core Dividend Growth ETF were worth $10,789,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Gotham Asset Management LLC boosted its position in shares of iShares Core Dividend Growth ETF by 24.1% during the 4th quarter. Gotham Asset Management LLC now owns 93,152 shares of the company’s stock valued at $5,714,000 after acquiring an additional 18,113 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at approximately $3,573,000. Ranch Capital Advisors Inc. boosted its position in shares of iShares Core Dividend Growth ETF by 1.7% during the 4th quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock valued at $1,143,000 after acquiring an additional 317 shares during the last quarter. Empowered Funds LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at approximately $94,000. Finally, Vontobel Holding Ltd. bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at approximately $282,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $63.13 on Wednesday. The company has a market capitalization of $31.51 billion, a P/E ratio of 20.47 and a beta of 0.85. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year high of $65.08. The stock has a 50 day moving average price of $60.24 and a 200-day moving average price of $61.86.

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.