Norway Savings Bank Raises Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Norway Savings Bank lifted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 30.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,370 shares of the company’s stock after purchasing an additional 8,391 shares during the quarter. iShares Core Dividend Growth ETF comprises 1.3% of Norway Savings Bank’s holdings, making the stock its 26th largest position. Norway Savings Bank’s holdings in iShares Core Dividend Growth ETF were worth $2,247,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Tallon Kerry Patrick purchased a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $1,605,000. Brighton Jones LLC raised its stake in shares of iShares Core Dividend Growth ETF by 52.5% during the 4th quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock valued at $411,000 after buying an additional 2,304 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $94,000. Allspring Global Investments Holdings LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $3,573,000. Finally, Vontobel Holding Ltd. purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $282,000.

iShares Core Dividend Growth ETF Trading Up 0.0%

Shares of DGRO stock opened at $62.26 on Friday. The stock has a 50 day moving average of $61.13 and a 200 day moving average of $61.77. The stock has a market cap of $31.07 billion, a P/E ratio of 20.47 and a beta of 0.85. iShares Core Dividend Growth ETF has a twelve month low of $54.09 and a twelve 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.