Storen Legacy Partners LLC Invests $7.59 Million in iShares Core Dividend Growth ETF $DGRO

Storen Legacy Partners LLC bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 109,365 shares of the company’s stock, valued at approximately $7,592,000. iShares Core Dividend Growth ETF comprises approximately 2.4% of Storen Legacy Partners LLC’s portfolio, making the stock its 11th largest holding.

Several other institutional investors and hedge funds have also modified their holdings of the business. Royal Bank of Canada increased its holdings in iShares Core Dividend Growth ETF by 24.0% during the 4th quarter. Royal Bank of Canada now owns 8,137,125 shares of the company’s stock valued at $564,879,000 after purchasing an additional 1,576,241 shares in the last quarter. SHP Wealth Management bought a new position in iShares Core Dividend Growth ETF in the 4th quarter valued at $84,235,000. Ameriprise Financial Inc. boosted its stake in iShares Core Dividend Growth ETF by 15.8% in the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock worth $504,803,000 after purchasing an additional 1,080,418 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth $65,915,000. Finally, MML Investors Services LLC increased its stake in shares of iShares Core Dividend Growth ETF by 25.9% in the second quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock valued at $289,967,000 after buying an additional 934,207 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

iShares Core Dividend Growth ETF stock opened at $74.82 on Friday. The stock has a 50-day simple moving average of $73.91 and a 200 day simple moving average of $72.11. The stock has a market capitalization of $40.26 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 12-month low of $62.05 and a 12-month high of $76.07.

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.