Probity Advisors Inc. Has $1.80 Million Stock Position in iShares Core Dividend Growth ETF $DGRO

Probity Advisors Inc. increased its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 28,197 shares of the company’s stock after buying an additional 583 shares during the period. Probity Advisors Inc.’s holdings in iShares Core Dividend Growth ETF were worth $1,803,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Proathlete Wealth Management LLC bought a new stake in iShares Core Dividend Growth ETF during the 2nd quarter worth about $25,000. Rise Advisors LLC bought a new stake in iShares Core Dividend Growth ETF during the 1st quarter worth about $27,000. Private Wealth Asset Management LLC bought a new stake in iShares Core Dividend Growth ETF during the 2nd quarter worth about $28,000. Keystone Global Partners LLC bought a new stake in iShares Core Dividend Growth ETF during the 2nd quarter worth about $30,000. Finally, JFS Wealth Advisors LLC raised its holdings in iShares Core Dividend Growth ETF by 60.7% during the 1st quarter. JFS Wealth Advisors LLC now owns 495 shares of the company’s stock worth $31,000 after purchasing an additional 187 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.9%

Shares of NYSEARCA:DGRO opened at $68.49 on Tuesday. The stock has a market capitalization of $34.68 billion, a P/E ratio of 19.66 and a beta of 0.89. iShares Core Dividend Growth ETF has a 1-year low of $54.09 and a 1-year high of $68.88. The business has a 50-day moving average price of $67.31 and a two-hundred day moving average price of $64.00.

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.