Asset Dedication LLC Acquires New Holdings in iShares Core Dividend Growth ETF $DGRO

Asset Dedication LLC acquired a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 102,196 shares of the company’s stock, valued at approximately $7,705,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Concurrent Investment Advisors LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 84.2% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 197,951 shares of the company’s stock worth $15,003,000 after purchasing an additional 90,503 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of iShares Core Dividend Growth ETF by 4.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,099,887 shares of the company’s stock worth $841,260,000 after purchasing an additional 472,809 shares during the last quarter. Ferguson Wellman Capital Management Inc. acquired a new stake in iShares Core Dividend Growth ETF during the third quarter valued at approximately $1,249,000. Citizens Financial Group Inc. RI bought a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $1,125,000. Finally, Accel Wealth Management grew its stake in iShares Core Dividend Growth ETF by 6.6% in the second quarter. Accel Wealth Management now owns 258,988 shares of the company’s stock valued at $19,629,000 after acquiring an additional 15,988 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO opened at $79.80 on Friday. The company has a market cap of $44.59 billion, a price-to-earnings ratio of 19.66 and a beta of 0.75. 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 fifty day moving average price of $78.28 and a 200-day moving average price of $75.39.

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.