Root Financial Partners LLC Purchases 8,117 Shares of iShares Core Dividend Growth ETF $DGRO

Root Financial Partners LLC boosted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 224.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,733 shares of the company’s stock after buying an additional 8,117 shares during the quarter. Root Financial Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $799,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Bank of America Corp DE lifted its stake in 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 worth $1,180,785,000 after purchasing an additional 413,365 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core Dividend Growth ETF by 42.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock valued at $865,424,000 after purchasing an additional 4,028,341 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 2.0% in the 3rd quarter. Capital Investment Advisors LLC now owns 8,124,381 shares of the company’s stock worth $553,108,000 after purchasing an additional 163,167 shares during the period. Ameriprise Financial Inc. increased its position in shares of iShares Core Dividend Growth ETF by 15.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after purchasing an additional 1,080,418 shares during the last quarter. Finally, MML Investors Services LLC increased its position in iShares Core Dividend Growth ETF by 25.9% during the second quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock valued at $289,967,000 after acquiring an additional 934,207 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.0%

Shares of DGRO opened at $71.52 on Tuesday. The company’s fifty day simple moving average is $69.67 and its 200-day simple moving average is $67.79. The company has a market cap of $37.20 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a twelve month low of $54.09 and a twelve month high of $71.66.

iShares Core Dividend Growth ETF Company 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.