International Assets Investment Management LLC Acquires New Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

International Assets Investment Management LLC bought a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,983 shares of the company’s stock, valued at approximately $855,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its holdings in iShares Core Dividend Growth ETF by 3.2% during the 3rd quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after acquiring an additional 413,083 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares Core Dividend Growth ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 9,006,470 shares of the company’s stock valued at $518,863,000 after purchasing an additional 368,759 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares Core Dividend Growth ETF by 1.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,842,422 shares of the company’s stock worth $491,641,000 after purchasing an additional 108,051 shares in the last quarter. Capital Investment Advisors LLC raised its position in shares of iShares Core Dividend Growth ETF by 1.5% during the 3rd quarter. Capital Investment Advisors LLC now owns 7,315,118 shares of the company’s stock worth $458,585,000 after purchasing an additional 109,977 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in iShares Core Dividend Growth ETF by 20.4% in the 3rd quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock valued at $238,032,000 after buying an additional 644,193 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock opened at $61.37 on Friday. iShares Core Dividend Growth ETF has a fifty-two week low of $53.11 and a fifty-two week high of $65.08. The company has a market capitalization of $29.06 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The stock has a fifty day moving average of $62.94 and a two-hundred day moving average of $61.53.

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.