105,090 Shares of iShares Core Dividend Growth ETF $DGRO Purchased by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises 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 and Exchange Commission (SEC). The fund bought 105,090 shares of the company’s stock, valued at approximately $7,923,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Auto Owners Insurance Co grew its stake in shares of iShares Core Dividend Growth ETF by 9,203.2% during the fourth quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock worth $332,280,000 after purchasing an additional 47,350,590 shares during the period. Wealthfront Advisers LLC grew 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 worth $1,222,936,000 after buying an additional 3,494,469 shares during the period. Quotient Wealth Partners LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 1st quarter valued at about $85,806,000. SHP Wealth Management acquired a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $84,235,000. Finally, Fifth Third Bancorp raised its position 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 valued at $53,071,000 after acquiring an additional 739,230 shares during the period.

iShares Core Dividend Growth ETF Stock Up 0.3%

iShares Core Dividend Growth ETF stock traded up $0.26 during mid-day trading on Thursday, hitting $76.59. 554,639 shares of the company’s stock were exchanged, compared to its average volume of 1,851,559. iShares Core Dividend Growth ETF has a fifty-two week low of $66.92 and a fifty-two week high of $80.58. The firm has a market capitalization of $42.67 billion, a P/E ratio of 19.66 and a beta of 0.76. The company’s 50 day simple moving average is $78.23 and its 200-day simple moving average is $75.62.

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.