Verus Capital Partners LLC Increases Holdings in iShares Core Dividend Growth ETF $DGRO

Verus Capital Partners LLC increased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 9.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 232,536 shares of the company’s stock after purchasing an additional 19,935 shares during the period. iShares Core Dividend Growth ETF accounts for about 1.0% of Verus Capital Partners LLC’s holdings, making the stock its 17th biggest holding. Verus Capital Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $16,143,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC boosted its position in iShares Core Dividend Growth ETF by 89.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock worth $26,000 after purchasing an additional 179 shares during the period. Group One Trading LLC purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth $28,000. Costello Asset Management INC boosted its position in iShares Core Dividend Growth ETF by 79.5% during the 3rd quarter. Costello Asset Management INC now owns 420 shares of the company’s stock worth $29,000 after purchasing an additional 186 shares during the period. Strategic Wealth Investment Group LLC purchased a new stake in iShares Core Dividend Growth ETF during the 2nd quarter worth $29,000. Finally, Independence Bank of Kentucky boosted its position in iShares Core Dividend Growth ETF by 80.7% during the 4th quarter. Independence Bank of Kentucky now owns 506 shares of the company’s stock worth $35,000 after purchasing an additional 226 shares during the period.

iShares Core Dividend Growth ETF Trading Down 0.3%

Shares of iShares Core Dividend Growth ETF stock opened at $75.15 on Thursday. The company has a fifty day moving average price of $72.67 and a 200 day moving average price of $71.56. iShares Core Dividend Growth ETF has a twelve month low of $62.05 and a twelve month high of $75.46. The stock has a market cap of $40.44 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77.

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.