20,069 Shares in iShares Core Dividend Growth ETF $DGRO Acquired by MLP3 LLC

MLP3 LLC purchased a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 20,069 shares of the company’s stock, valued at approximately $1,393,000. iShares Core Dividend Growth ETF makes up approximately 1.5% of MLP3 LLC’s portfolio, making the stock its 19th largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DGRO. Ameriprise Financial Inc. lifted its position in iShares Core Dividend Growth ETF by 15.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock worth $504,803,000 after acquiring an additional 1,080,418 shares in the last quarter. Wellington Management Group LLP acquired a new position in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $65,915,000. MML Investors Services LLC lifted its position in iShares Core Dividend Growth ETF by 25.9% during the 2nd quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock worth $289,967,000 after acquiring an additional 934,207 shares in the last quarter. HighTower Advisors LLC lifted its position in iShares Core Dividend Growth ETF by 15.7% during the 3rd quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock worth $337,810,000 after acquiring an additional 673,706 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in iShares Core Dividend Growth ETF by 10.4% during the 4th quarter. Wells Fargo & Company MN now owns 7,050,627 shares of the company’s stock worth $489,454,000 after acquiring an additional 665,808 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $75.91 on Monday. iShares Core Dividend Growth ETF has a 52-week low of $62.05 and a 52-week high of $76.06. The stock’s 50 day moving average is $73.46 and its two-hundred day moving average is $71.93. The company has a market capitalization of $40.85 billion, a PE ratio of 19.66 and a beta of 0.77.

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.