iShares Core Dividend Growth ETF $DGRO Shares Acquired by Truist Financial Corp

Truist Financial Corp increased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,025,665 shares of the company’s stock after purchasing an additional 30,141 shares during the quarter. Truist Financial Corp’s holdings in iShares Core Dividend Growth ETF were worth $205,987,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its position in iShares Core Dividend Growth ETF by 42.4% during the second quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock worth $865,424,000 after acquiring an additional 4,028,341 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of iShares Core Dividend Growth ETF by 15.8% in the second 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. MML Investors Services LLC increased its stake in shares of iShares Core Dividend Growth ETF by 25.9% during the 2nd quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock worth $289,967,000 after purchasing an additional 934,207 shares in the last quarter. Hughes Financial Services LLC raised its position in shares of iShares Core Dividend Growth ETF by 86,423.7% during the 2nd quarter. Hughes Financial Services LLC now owns 591,822 shares of the company’s stock worth $38,356,000 after purchasing an additional 591,138 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. raised its position in shares of iShares Core Dividend Growth ETF by 83.1% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 985,564 shares of the company’s stock worth $63,017,000 after purchasing an additional 447,210 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $71.57 on Wednesday. The stock’s 50 day moving average price is $70.01 and its 200 day moving average price is $68.06. The firm has a market cap of $37.25 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year 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.