Envestnet Portfolio Solutions Inc. Purchases 13,175 Shares of iShares Core Dividend Growth ETF $DGRO

Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 224,800 shares of the company’s stock after purchasing an additional 13,175 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core Dividend Growth ETF were worth $15,606,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp boosted its holdings in shares of iShares Core Dividend Growth ETF by 16.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock valued at $583,076,000 after buying an additional 1,211,980 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares Core Dividend Growth ETF by 15.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after buying 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 3rd quarter valued at $65,915,000. MML Investors Services LLC increased its stake in shares of iShares Core Dividend Growth ETF by 25.9% during the second quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock valued at $289,967,000 after purchasing an additional 934,207 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of iShares Core Dividend Growth ETF by 15.7% during the third quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock valued at $337,810,000 after purchasing an additional 673,706 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $73.54 on Wednesday. iShares Core Dividend Growth ETF has a fifty-two week low of $60.73 and a fifty-two week high of $74.28. The company has a 50 day simple moving average of $71.74 and a two-hundred day simple moving average of $71.05. The company has a market capitalization of $39.58 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77.

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.