iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Bought by Hollencrest Capital Management

Hollencrest Capital Management grew its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 140.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,027 shares of the company’s stock after acquiring an additional 1,184 shares during the period. Hollencrest Capital Management’s holdings in iShares Core Dividend Growth ETF were worth $124,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. LPL Financial LLC raised its stake in iShares Core Dividend Growth ETF by 3.2% during the 3rd quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after purchasing an additional 413,083 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at $616,824,000. PNC Financial Services Group Inc. lifted its holdings in shares of iShares Core Dividend Growth ETF by 1.4% in the third quarter. PNC Financial Services Group Inc. now owns 7,842,422 shares of the company’s stock valued at $491,641,000 after purchasing an additional 108,051 shares in the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 2.5% in the fourth quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock valued at $459,778,000 after purchasing an additional 180,448 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings 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 purchasing an additional 1,132,527 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.7 %

DGRO opened at $61.16 on Thursday. The stock has a fifty day moving average of $62.92 and a 200-day moving average of $62.80. The firm has a market capitalization of $29.97 billion, a P/E ratio of 22.22 and a beta of 0.89. iShares Core Dividend Growth ETF has a 12-month low of $55.08 and a 12-month high of $65.08.

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.