TFB Advisors LLC Buys 45,199 Shares of iShares Core Dividend Growth ETF $DGRO

TFB Advisors LLC boosted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 645.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,199 shares of the company’s stock after buying an additional 45,199 shares during the period. iShares Core Dividend Growth ETF accounts for 1.6% of TFB Advisors LLC’s portfolio, making the stock its 16th biggest holding. TFB Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $3,935,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Capital Investment Advisors LLC bought a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at $645,925,000. Wealthfront Advisers LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 25.1% in the first 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. Avior Wealth Management LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the third quarter valued at $163,214,000. Ledyard National Bank acquired a new stake in shares of iShares Core Dividend Growth ETF in the third quarter valued at $92,301,000. Finally, Fifth Third Bancorp lifted its holdings in shares of iShares Core Dividend Growth ETF by 4,352.0% in the first quarter. Fifth Third Bancorp now owns 756,216 shares of the company’s stock valued at $53,071,000 after buying an additional 739,230 shares during the period.

iShares Core Dividend Growth ETF Stock Down 2.8%

Shares of DGRO stock opened at $80.25 on Friday. The stock has a 50-day simple moving average of $78.27 and a 200 day simple moving average of $75.35. iShares Core Dividend Growth ETF has a fifty-two week low of $67.14 and a fifty-two week high of $82.90. The stock has a market capitalization of $44.84 billion, a P/E ratio of 19.66 and a beta of 0.75.

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.