Quantinno Capital Management LP Increases Stake in iShares Core Dividend Growth ETF $DGRO

Quantinno Capital Management LP increased its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 24.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 61,136 shares of the company’s stock after buying an additional 11,868 shares during the period. Quantinno Capital Management LP’s holdings in iShares Core Dividend Growth ETF were worth $4,291,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Auto Owners Insurance Co grew its holdings 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. Morgan Stanley increased its position in shares of iShares Core Dividend Growth ETF by 1.7% in the 4th quarter. Morgan Stanley now owns 19,366,070 shares of the company’s stock valued at $1,344,393,000 after purchasing an additional 331,748 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 3.3% in the 4th quarter. LPL Financial LLC now owns 18,763,346 shares of the company’s stock valued at $1,302,551,000 after purchasing an additional 595,710 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of iShares Core Dividend Growth ETF by 2.3% in the 2nd quarter. Bank of America Corp DE now owns 18,467,081 shares of the company’s stock valued at $1,180,785,000 after purchasing an additional 413,365 shares in the last quarter. Finally, Wealthfront Advisers LLC lifted its position in shares of iShares Core Dividend Growth ETF by 25.1% during the 1st quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock worth $1,222,936,000 after purchasing an additional 3,494,469 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.4%

Shares of DGRO stock opened at $79.47 on Friday. The firm has a fifty day moving average price of $76.62 and a 200 day moving average price of $73.86. The company has a market cap of $43.55 billion, a P/E ratio of 19.66 and a beta of 0.76. iShares Core Dividend Growth ETF has a 12 month low of $64.97 and a 12 month high of $79.75.

iShares Core Dividend Growth ETF 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.