iShares Core Dividend Growth ETF $DGRO Stock Position Boosted by JGP Wealth Management LLC

JGP Wealth Management LLC raised its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 502,029 shares of the company’s stock after acquiring an additional 14,253 shares during the period. iShares Core Dividend Growth ETF accounts for about 3.6% of JGP Wealth Management LLC’s portfolio, making the stock its 6th largest position. JGP Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $34,851,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in DGRO. Bank of America Corp DE raised its position in shares of iShares Core Dividend Growth ETF by 1.1% during the 3rd quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock valued at $1,270,529,000 after buying an additional 195,211 shares during the period. Raymond James Financial Inc. grew its position in iShares Core Dividend Growth ETF by 4.6% in the third quarter. Raymond James Financial Inc. now owns 10,467,035 shares of the company’s stock worth $712,596,000 after acquiring an additional 457,568 shares during the period. Jones Financial Companies Lllp grew its position in iShares Core Dividend Growth ETF by 16.4% in the third quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock worth $583,076,000 after acquiring an additional 1,211,980 shares during the period. Capital Investment Advisors LLC increased its stake in iShares Core Dividend Growth ETF by 2.0% during the third quarter. Capital Investment Advisors LLC now owns 8,124,381 shares of the company’s stock worth $553,108,000 after acquiring an additional 163,167 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in iShares Core Dividend Growth ETF by 15.8% during the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock worth $504,803,000 after acquiring an additional 1,080,418 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.8%

NYSEARCA:DGRO opened at $69.50 on Tuesday. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $74.28. The stock’s fifty day moving average is $72.15 and its two-hundred day moving average is $69.90. The company has a market capitalization of $36.29 billion, a P/E ratio of 19.66 and a beta of 0.84.

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.