Sovran Advisors LLC Purchases New Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sovran Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 12,542 shares of the company’s stock, valued at approximately $769,000.

Other institutional investors have also recently bought and sold shares of the company. Counterweight Ventures LLC increased its position in shares of iShares Core Dividend Growth ETF by 1.3% during the fourth quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock worth $1,658,000 after acquiring an additional 349 shares in the last quarter. HF Advisory Group LLC boosted its stake in iShares Core Dividend Growth ETF by 1.7% during the 3rd quarter. HF Advisory Group LLC now owns 98,569 shares of the company’s stock valued at $6,179,000 after purchasing an additional 1,627 shares during the last quarter. Cornell Pochily Investment Advisors Inc. increased its holdings in iShares Core Dividend Growth ETF by 7.6% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 73,962 shares of the company’s stock worth $4,637,000 after purchasing an additional 5,254 shares in the last quarter. World Investment Advisors LLC raised its stake in shares of iShares Core Dividend Growth ETF by 45.8% in the third quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock worth $2,323,000 after purchasing an additional 11,634 shares during the last quarter. Finally, Fisher Asset Management LLC bought a new position in shares of iShares Core Dividend Growth ETF in the third quarter valued at approximately $208,000.

iShares Core Dividend Growth ETF Stock Up 0.7 %

Shares of NYSEARCA:DGRO opened at $63.97 on Wednesday. The business’s 50 day moving average is $62.55 and its 200 day moving average is $62.27. iShares Core Dividend Growth ETF has a 12-month low of $54.31 and a 12-month high of $65.08. The stock has a market cap of $30.29 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

About iShares Core Dividend Growth ETF

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.