AE Wealth Management LLC Acquires 79,665 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

AE Wealth Management LLC lifted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 259.4% during the 2nd quarter, Holdings Channel reports. The firm owned 110,378 shares of the company’s stock after purchasing an additional 79,665 shares during the period. AE Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,359,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DGRO. Cetera Investment Advisers increased its stake in iShares Core Dividend Growth ETF by 319.5% during the 1st quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock worth $111,616,000 after acquiring an additional 1,464,167 shares during the period. Strategic Financial Concepts LLC increased its position in shares of iShares Core Dividend Growth ETF by 1,953.2% in the second quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock worth $741,000 after purchasing an additional 1,223,349 shares during the period. LPL Financial LLC raised its stake in iShares Core Dividend Growth ETF by 8.8% in the second quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock valued at $746,096,000 after purchasing an additional 1,047,837 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Core Dividend Growth ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 9,006,470 shares of the company’s stock worth $518,863,000 after purchasing an additional 368,759 shares during the period. Finally, Sweeney & Michel LLC acquired a new stake in iShares Core Dividend Growth ETF during the first quarter worth about $20,180,000.

iShares Core Dividend Growth ETF Stock Down 0.1 %

DGRO stock opened at $62.52 on Friday. The company’s 50-day moving average price is $60.46 and its two-hundred day moving average price is $58.37. iShares Core Dividend Growth ETF has a 12 month low of $47.19 and a 12 month high of $62.74. The firm has a market cap of $29.60 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.