Symphony Financial Ltd. Co. Raises Stock Position in iShares Core Dividend Growth ETF $DGRO

Symphony Financial Ltd. Co. grew its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 78.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,197 shares of the company’s stock after buying an additional 17,229 shares during the period. Symphony Financial Ltd. Co.’s holdings in iShares Core Dividend Growth ETF were worth $2,977,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Auto Owners Insurance Co raised its stake in iShares Core Dividend Growth ETF by 9,203.2% during the 4th quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock worth $332,280,000 after acquiring an additional 47,350,590 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in iShares Core Dividend Growth ETF by 25.1% in the first quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock valued at $1,222,936,000 after acquiring an additional 3,494,469 shares in the last quarter. Royal Bank of Canada boosted its stake in iShares Core Dividend Growth ETF by 24.0% in the fourth quarter. Royal Bank of Canada now owns 8,137,125 shares of the company’s stock valued at $564,879,000 after acquiring an additional 1,576,241 shares in the last quarter. Quotient Wealth Partners LLC acquired a new position in iShares Core Dividend Growth ETF in the first quarter valued at $85,806,000. Finally, SHP Wealth Management purchased a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter worth about $84,235,000.

iShares Core Dividend Growth ETF Stock Performance

DGRO opened at $78.89 on Wednesday. The business’s 50-day simple moving average is $78.11 and its 200-day simple moving average is $74.75. iShares Core Dividend Growth ETF has a one year low of $66.19 and a one year high of $80.58. The stock has a market capitalization of $43.23 billion, a P/E ratio of 19.66 and a beta of 0.76.

iShares Core Dividend Growth ETF Company 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.