Trust Co. of Vermont Buys New Shares in iShares Core Dividend Growth ETF $DGRO

Trust Co. of Vermont purchased a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 9,138 shares of the company’s stock, valued at approximately $693,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Auto Owners Insurance Co increased its position in shares of iShares Core Dividend Growth ETF by 9,203.2% during the 4th quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock valued at $332,280,000 after purchasing an additional 47,350,590 shares during the last quarter. Wealthfront Advisers LLC lifted its position in iShares Core Dividend Growth ETF by 25.1% in the 1st quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock worth $1,222,936,000 after buying an additional 3,494,469 shares during the last quarter. Royal Bank of Canada lifted its position in iShares Core Dividend Growth ETF by 24.0% in the 4th quarter. Royal Bank of Canada now owns 8,137,125 shares of the company’s stock worth $564,879,000 after buying an additional 1,576,241 shares during the last quarter. Quotient Wealth Partners LLC purchased a new stake in iShares Core Dividend Growth ETF in the first quarter worth approximately $85,806,000. Finally, SHP Wealth Management purchased a new stake in iShares Core Dividend Growth ETF in the fourth quarter worth approximately $84,235,000.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO opened at $79.68 on Wednesday. iShares Core Dividend Growth ETF has a one year low of $65.98 and a one year high of $80.29. The firm’s 50 day simple moving average is $77.25 and its two-hundred day simple moving average is $74.29. The stock has a market capitalization of $43.66 billion, a P/E ratio of 19.66 and a beta of 0.76.

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.