iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Purchased by Advance Capital Management Inc.

Advance Capital Management Inc. boosted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 10.2% in the second quarter, HoldingsChannel.com reports. The firm owned 8,448 shares of the company’s stock after buying an additional 784 shares during the quarter. Advance Capital Management Inc.’s holdings in iShares Core Dividend Growth ETF were worth $435,000 as of its most recent SEC filing.

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

iShares Core Dividend Growth ETF Trading Down 0.0 %

DGRO stock opened at $51.57 on Thursday. The company has a market capitalization of $23.86 billion, a P/E ratio of 15.16 and a beta of 0.89. iShares Core Dividend Growth ETF has a twelve month low of $43.67 and a twelve month high of $53.55. The business has a 50 day simple moving average of $52.04 and a 200-day simple moving average of $50.73.

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.