Stephens Consulting LLC Boosts Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Stephens Consulting LLC increased its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 68.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 5,444 shares of the company’s stock after buying an additional 2,204 shares during the quarter. Stephens Consulting LLC’s holdings in iShares Core Dividend Growth ETF were worth $316,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. Founders Financial Securities LLC increased its stake in iShares Core Dividend Growth ETF by 49.7% in the 1st quarter. Founders Financial Securities LLC now owns 74,829 shares of the company’s stock valued at $4,345,000 after buying an additional 24,851 shares during the period. Foguth Wealth Management LLC. acquired a new position in shares of iShares Core Dividend Growth ETF during the first quarter worth about $1,721,000. Symphony Financial Ltd. Co. raised its stake in shares of iShares Core Dividend Growth ETF by 14.7% during the 1st quarter. Symphony Financial Ltd. Co. now owns 5,155 shares of the company’s stock worth $299,000 after buying an additional 662 shares in the last quarter. Vicus Capital grew its holdings in iShares Core Dividend Growth ETF by 4.8% during the first quarter. Vicus Capital now owns 318,603 shares of the company’s stock worth $18,498,000 after acquiring an additional 14,508 shares during the period. Finally, Meridian Financial Partners LLC raised its position in iShares Core Dividend Growth ETF by 3.1% in the first quarter. Meridian Financial Partners LLC now owns 297,323 shares of the company’s stock worth $16,421,000 after acquiring an additional 8,993 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock traded up $0.03 during midday trading on Friday, reaching $57.61. The company’s stock had a trading volume of 1,260,142 shares, compared to its average volume of 1,484,774. iShares Core Dividend Growth ETF has a fifty-two week low of $47.19 and a fifty-two week high of $58.61. The firm has a market capitalization of $27.28 billion, a PE ratio of 19.25 and a beta of 0.71. The stock’s 50 day simple moving average is $57.35 and its 200 day simple moving average is $56.08.

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.