Brighton Jones LLC Grows Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Brighton Jones LLC lifted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 52.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 6,696 shares of the company’s stock after purchasing an additional 2,304 shares during the quarter. Brighton Jones LLC’s holdings in iShares Core Dividend Growth ETF were worth $411,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of DGRO. Sanctuary Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the 2nd quarter valued at $45,148,000. MML Investors Services LLC boosted its position in iShares Core Dividend Growth ETF by 20.4% during the third 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 during the period. Smith Anglin Financial LLC grew its stake in shares of iShares Core Dividend Growth ETF by 78.4% during the third quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock valued at $84,424,000 after buying an additional 591,701 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 3.2% in the third quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock worth $837,783,000 after buying an additional 413,083 shares during the period. Finally, Summit Investment Advisory Services LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at about $23,432,000.

iShares Core Dividend Growth ETF Price Performance

DGRO opened at $63.33 on Monday. The stock’s 50 day simple moving average is $62.71 and its 200 day simple moving average is $61.93. The firm has a market cap of $29.98 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1 year low of $54.31 and a 1 year high of $65.08.

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.