KPP Advisory Services LLC Acquires 69,943 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

KPP Advisory Services LLC increased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 87.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 149,889 shares of the company’s stock after acquiring an additional 69,943 shares during the quarter. iShares Core Dividend Growth ETF makes up about 1.7% of KPP Advisory Services LLC’s holdings, making the stock its 11th largest position. KPP Advisory Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $9,260,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of DGRO. Raymond James Financial Inc. bought a new stake in iShares Core Dividend Growth ETF during the fourth quarter worth $616,824,000. GAMMA Investing LLC raised its stake in shares of iShares Core Dividend Growth ETF by 6,536.2% in the first quarter. GAMMA Investing LLC now owns 3,745,460 shares of the company’s stock valued at $231,395,000 after buying an additional 3,689,020 shares during the period. LPL Financial LLC raised its stake in shares of iShares Core Dividend Growth ETF by 10.4% in the fourth quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock valued at $905,150,000 after buying an additional 1,392,383 shares during the period. Jones Financial Companies Lllp raised its stake in shares of iShares Core Dividend Growth ETF by 36.6% in the fourth quarter. Jones Financial Companies Lllp now owns 4,224,958 shares of the company’s stock valued at $259,159,000 after buying an additional 1,132,527 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of iShares Core Dividend Growth ETF by 17.7% in the fourth quarter. Wells Fargo & Company MN now owns 6,198,943 shares of the company’s stock valued at $380,243,000 after buying an additional 932,713 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO opened at $63.00 on Thursday. The firm has a market cap of $31.44 billion, a PE ratio of 20.47 and a beta of 0.85. The stock’s fifty day moving average price is $61.40 and its two-hundred day moving average price is $61.74. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $65.08.

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.