Claro Advisors Inc. Acquires 11,032 Shares of iShares Core Dividend Growth ETF $DGRO

Claro Advisors Inc. grew its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 46.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,641 shares of the company’s stock after acquiring an additional 11,032 shares during the quarter. Claro Advisors Inc.’s holdings in iShares Core Dividend Growth ETF were worth $2,612,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of DGRO. Commonwealth Equity Services LLC purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $537,749,000. TFB Advisors LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 645.7% in the third quarter. TFB Advisors LLC now owns 52,199 shares of the company’s stock worth $3,935,000 after buying an additional 45,199 shares during the last quarter. Costello Asset Management INC raised its holdings in shares of iShares Core Dividend Growth ETF by 19.0% in the third quarter. Costello Asset Management INC now owns 3,771 shares of the company’s stock worth $284,000 after buying an additional 601 shares during the last quarter. Chicago Partners Investment Group LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth $5,301,000. Finally, Basso Capital Management L.P. acquired a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth $339,000.

iShares Core Dividend Growth ETF Trading Down 2.8%

NYSEARCA:DGRO opened at $80.25 on Friday. The company has a market capitalization of $44.84 billion, a P/E ratio of 19.66 and a beta of 0.75. iShares Core Dividend Growth ETF has a 12 month low of $67.14 and a 12 month high of $82.90. The firm has a fifty day simple moving average of $78.27 and a 200-day simple moving average of $75.35.

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.