iShares Core Dividend Growth ETF $DGRO Stake Raised by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc increased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 761.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,598 shares of the company’s stock after acquiring an additional 44,727 shares during the period. Texas Capital Bank Wealth Management Services Inc’s holdings in iShares Core Dividend Growth ETF were worth $3,513,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its position in iShares Core Dividend Growth ETF by 1.1% in the 3rd quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock worth $1,270,529,000 after purchasing an additional 195,211 shares during the last quarter. Wealthfront Advisers LLC increased its position in iShares Core Dividend Growth ETF by 4.7% in the 4th quarter. Wealthfront Advisers LLC now owns 13,931,233 shares of the company’s stock worth $967,106,000 after purchasing an additional 628,342 shares during the last quarter. Raymond James Financial Inc. increased its position in iShares Core Dividend Growth ETF by 4.6% in the 3rd quarter. Raymond James Financial Inc. now owns 10,467,035 shares of the company’s stock worth $712,596,000 after purchasing an additional 457,568 shares during the last quarter. Jones Financial Companies Lllp increased its position in iShares Core Dividend Growth ETF by 16.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock worth $583,076,000 after purchasing an additional 1,211,980 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its position in iShares Core Dividend Growth ETF by 2.7% in the 4th quarter. Capital Investment Advisors LLC now owns 8,339,921 shares of the company’s stock worth $578,957,000 after purchasing an additional 215,540 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $74.57 on Thursday. iShares Core Dividend Growth ETF has a fifty-two week low of $61.47 and a fifty-two week high of $75.03. The stock’s 50-day moving average is $72.14 and its two-hundred day moving average is $71.33. The firm has a market cap of $40.13 billion, a P/E ratio of 19.66 and a beta of 0.77.

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.