iShares Core Dividend Growth ETF $DGRO Shares Acquired by Summit Financial LLC

Summit Financial LLC increased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.9% during the 4th quarter, HoldingsChannel reports. The fund owned 164,699 shares of the company’s stock after acquiring an additional 10,596 shares during the quarter. Summit Financial LLC’s holdings in iShares Core Dividend Growth ETF were worth $11,433,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of DGRO. Brighton Jones LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 52.5% in the fourth quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock worth $411,000 after acquiring an additional 2,304 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 95.4% in the first quarter. AQR Capital Management LLC now owns 13,842 shares of the company’s stock worth $855,000 after acquiring an additional 6,758 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in iShares Core Dividend Growth ETF by 114.6% in the second quarter. Russell Investments Group Ltd. now owns 1,204 shares of the company’s stock valued at $77,000 after buying an additional 643 shares during the last quarter. Glenview Trust co increased its holdings in iShares Core Dividend Growth ETF by 7.2% in the second quarter. Glenview Trust co now owns 9,516 shares of the company’s stock valued at $608,000 after buying an additional 637 shares during the last quarter. Finally, Main Street Financial Solutions LLC increased its holdings in iShares Core Dividend Growth ETF by 2.6% in the second quarter. Main Street Financial Solutions LLC now owns 12,191 shares of the company’s stock valued at $779,000 after buying an additional 305 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.7%

Shares of iShares Core Dividend Growth ETF stock opened at $75.91 on Friday. The firm has a market cap of $40.85 billion, a P/E ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a fifty-two week low of $62.05 and a fifty-two week high of $76.06. The business has a 50-day moving average price of $73.46 and a 200 day moving average price of $71.90.

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.