iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Position Boosted by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC grew its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,149 shares of the company’s stock after purchasing an additional 549 shares during the period. Arete Wealth Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,850,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in DGRO. LPL Financial LLC grew its position in iShares Core Dividend Growth ETF by 10.4% in the fourth quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock worth $905,150,000 after buying an additional 1,392,383 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter worth $616,824,000. Commonwealth Equity Services LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 9.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,766,539 shares of the company’s stock worth $476,399,000 after acquiring an additional 673,044 shares in the last quarter. Capital Investment Advisors LLC raised its position in shares of iShares Core Dividend Growth ETF by 2.5% during the fourth quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock worth $459,778,000 after purchasing an additional 180,448 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in shares of iShares Core Dividend Growth ETF by 36.6% during the fourth quarter. Jones Financial Companies Lllp now owns 4,224,958 shares of the company’s stock valued at $259,159,000 after purchasing an additional 1,132,527 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.6 %

NYSEARCA:DGRO opened at $61.99 on Thursday. The stock has a fifty day simple moving average of $62.90 and a 200 day simple moving average of $62.82. The firm has a market capitalization of $30.38 billion, a price-to-earnings ratio of 21.26 and a beta of 0.89. iShares Core Dividend Growth ETF has a 1-year low of $55.08 and a 1-year high of $65.08.

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.