iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Acquired by Smith Moore & CO.

Smith Moore & CO. lifted its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,326 shares of the company’s stock after buying an additional 4,101 shares during the period. Smith Moore & CO.’s holdings in iShares Core Dividend Growth ETF were worth $3,366,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC boosted its position in iShares Core Dividend Growth ETF by 626,659.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 114,446,360 shares of the company’s stock worth $5,722,318,000 after purchasing an additional 114,428,100 shares during the period. Bank of America Corp DE boosted its position in iShares Core Dividend Growth ETF by 1.3% during the 4th quarter. Bank of America Corp DE now owns 18,931,857 shares of the company’s stock worth $946,593,000 after purchasing an additional 249,831 shares during the period. Morgan Stanley boosted its position in iShares Core Dividend Growth ETF by 7.1% during the 4th quarter. Morgan Stanley now owns 18,545,890 shares of the company’s stock worth $927,295,000 after purchasing an additional 1,232,407 shares during the period. LPL Financial LLC boosted its position in iShares Core Dividend Growth ETF by 8.7% during the 1st quarter. LPL Financial LLC now owns 10,446,138 shares of the company’s stock worth $522,202,000 after purchasing an additional 835,252 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in iShares Core Dividend Growth ETF by 13.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 9,363,599 shares of the company’s stock worth $468,086,000 after purchasing an additional 1,110,850 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.5 %

NYSEARCA:DGRO traded up $0.24 on Friday, reaching $51.57. The stock had a trading volume of 249,536 shares, compared to its average volume of 1,768,745. The company has a 50-day moving average of $52.04 and a 200 day moving average of $50.70. The stock has a market cap of $23.86 billion, a P/E ratio of 15.16 and a beta of 0.89. iShares Core Dividend Growth ETF has a 12-month low of $43.67 and a 12-month high of $53.55.

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.