iShares Core Dividend Growth ETF $DGRO Shares Newly Bought by Sterling Manor Financial LLC

Sterling Manor Financial LLC bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 141,531 shares of the company’s stock, valued at approximately $10,670,000. iShares Core Dividend Growth ETF accounts for approximately 6.1% of Sterling Manor Financial LLC’s portfolio, making the stock its 7th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wealthfront Advisers LLC increased its position in shares of iShares Core Dividend Growth ETF by 25.1% during the 1st quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock valued at $1,222,936,000 after purchasing an additional 3,494,469 shares during the last quarter. Avior Wealth Management LLC bought a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $163,214,000. Fifth Third Bancorp lifted its stake in shares of iShares Core Dividend Growth ETF by 4,352.0% in the 1st quarter. Fifth Third Bancorp now owns 756,216 shares of the company’s stock worth $53,071,000 after purchasing an additional 739,230 shares during the period. Kinetic Wealth Investment Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF in the 2nd quarter worth approximately $50,635,000. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 157.1% in the second quarter. Integrated Wealth Concepts LLC now owns 792,612 shares of the company’s stock worth $60,072,000 after buying an additional 484,305 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO traded up $0.04 on Wednesday, reaching $79.30. The company’s stock had a trading volume of 805,356 shares, compared to its average volume of 1,831,644. The stock’s 50 day simple moving average is $78.07 and its two-hundred day simple moving average is $76.16. The stock has a market capitalization of $44.19 billion, a P/E ratio of 19.66 and a beta of 0.76. iShares Core Dividend Growth ETF has a 12-month low of $67.14 and a 12-month high of $80.58.

iShares Core Dividend Growth ETF Company 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.