Adirondack Capital Advisors LLC Acquires 9,227 Shares of iShares Core Dividend Growth ETF $DGRO

Adirondack Capital Advisors LLC boosted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 389,302 shares of the company’s stock after acquiring an additional 9,227 shares during the quarter. iShares Core Dividend Growth ETF accounts for about 15.8% of Adirondack Capital Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Adirondack Capital Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $29,505,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Auto Owners Insurance Co lifted its stake in iShares Core Dividend Growth ETF by 9,203.2% during the fourth quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock worth $332,280,000 after purchasing an additional 47,350,590 shares during the period. Morgan Stanley grew its stake in shares of iShares Core Dividend Growth ETF by 1.7% in the 4th quarter. Morgan Stanley now owns 19,366,070 shares of the company’s stock valued at $1,344,393,000 after purchasing an additional 331,748 shares during the period. LPL Financial LLC grew its stake in shares of iShares Core Dividend Growth ETF by 3.3% in the 4th quarter. LPL Financial LLC now owns 18,763,346 shares of the company’s stock valued at $1,302,551,000 after purchasing an additional 595,710 shares during the period. Bank of America Corp DE raised its holdings in shares of iShares Core Dividend Growth ETF by 2.3% in the 2nd quarter. Bank of America Corp DE now owns 18,467,081 shares of the company’s stock worth $1,180,785,000 after buying an additional 413,365 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 25.1% in the 1st quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock worth $1,222,936,000 after buying an additional 3,494,469 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

iShares Core Dividend Growth ETF stock opened at $79.69 on Wednesday. The company has a market capitalization of $43.67 billion, a PE ratio of 19.66 and a beta of 0.76. iShares Core Dividend Growth ETF has a one year low of $65.24 and a one year high of $79.98. The business has a 50 day simple moving average of $76.81 and a 200 day simple moving average of $74.00.

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.