70,041 Shares of iShares Core Dividend Growth ETF $DGRO Acquired by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC purchased a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 70,041 shares of the company’s stock, valued at approximately $5,280,000. iShares Core Dividend Growth ETF accounts for about 1.6% of Samalin Investment Counsel LLC’s holdings, making the stock its 9th largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC boosted its position in iShares Core Dividend Growth ETF by 25.1% in the 1st quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock valued at $1,222,936,000 after buying an additional 3,494,469 shares during the period. Envestnet Asset Management Inc. grew its stake in iShares Core Dividend Growth ETF by 4.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,099,887 shares of the company’s stock worth $841,260,000 after acquiring an additional 472,809 shares in the last quarter. Capital Investment Advisors LLC bought a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth about $645,925,000. Royal Bank of Canada increased its position in shares of iShares Core Dividend Growth ETF by 1.2% during the first quarter. Royal Bank of Canada now owns 8,230,843 shares of the company’s stock worth $577,641,000 after acquiring an additional 93,718 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of iShares Core Dividend Growth ETF by 7.4% during the first quarter. Cetera Investment Advisers now owns 3,324,499 shares of the company’s stock worth $233,313,000 after acquiring an additional 228,446 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

iShares Core Dividend Growth ETF stock opened at $79.65 on Monday. The company has a 50 day moving average price of $78.06 and a 200-day moving average price of $76.36. iShares Core Dividend Growth ETF has a fifty-two week low of $67.14 and a fifty-two week high of $80.58. The company has a market capitalization of $44.42 billion, a PE ratio of 19.66 and a beta of 0.76.

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.