SVB Wealth LLC Purchases New Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

SVB Wealth LLC purchased a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,714 shares of the company’s stock, valued at approximately $228,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Counterweight Ventures LLC raised its holdings in iShares Core Dividend Growth ETF by 1.3% during the 4th quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock valued at $1,658,000 after buying an additional 349 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at $3,573,000. HF Advisory Group LLC raised its holdings in iShares Core Dividend Growth ETF by 1.7% during the 3rd quarter. HF Advisory Group LLC now owns 98,569 shares of the company’s stock valued at $6,179,000 after buying an additional 1,627 shares during the last quarter. World Investment Advisors LLC increased its position in iShares Core Dividend Growth ETF by 45.8% during the 3rd quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock valued at $2,323,000 after purchasing an additional 11,634 shares during the period. Finally, Fisher Asset Management LLC bought a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth $208,000.

iShares Core Dividend Growth ETF Trading Up 0.7 %

Shares of NYSEARCA DGRO opened at $63.04 on Thursday. iShares Core Dividend Growth ETF has a 12 month low of $55.08 and a 12 month high of $65.08. The firm has a market capitalization of $30.89 billion, a PE ratio of 22.22 and a beta of 0.89. The firm has a fifty day simple moving average of $62.84 and a two-hundred day simple moving average of $62.74.

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.