Perennial Investment Advisors LLC Grows Position in iShares Core Dividend Growth ETF $DGRO

Perennial Investment Advisors LLC grew its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 15.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 40,815 shares of the company’s stock after purchasing an additional 5,360 shares during the quarter. Perennial Investment Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,610,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wellington Shields & Co. LLC grew its position in iShares Core Dividend Growth ETF by 20.4% during the 1st quarter. Wellington Shields & Co. LLC now owns 3,529 shares of the company’s stock worth $218,000 after purchasing an additional 598 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of iShares Core Dividend Growth ETF by 25.8% during the second quarter. Bank of Montreal Can now owns 48,384 shares of the company’s stock worth $3,094,000 after buying an additional 9,936 shares during the period. Atlantic Union Bankshares Corp grew its holdings in shares of iShares Core Dividend Growth ETF by 39.4% during the second quarter. Atlantic Union Bankshares Corp now owns 10,612 shares of the company’s stock valued at $679,000 after buying an additional 3,001 shares during the last quarter. MGO One Seven LLC increased its position in shares of iShares Core Dividend Growth ETF by 5.0% in the 1st quarter. MGO One Seven LLC now owns 88,711 shares of the company’s stock valued at $5,481,000 after acquiring an additional 4,186 shares during the period. Finally, Altus Wealth Management LLC raised its stake in iShares Core Dividend Growth ETF by 0.8% in the 2nd quarter. Altus Wealth Management LLC now owns 427,854 shares of the company’s stock worth $27,357,000 after acquiring an additional 3,599 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $67.83 on Tuesday. The stock has a 50-day moving average of $68.00 and a two-hundred day moving average of $65.44. The stock has a market cap of $34.42 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year high of $69.30.

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.