Verus Capital Partners LLC Boosts Holdings in iShares Core Dividend Growth ETF $DGRO

Verus Capital Partners LLC raised its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 9.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 232,536 shares of the company’s stock after buying an additional 19,935 shares during the quarter. iShares Core Dividend Growth ETF makes up approximately 1.0% of Verus Capital Partners LLC’s holdings, making the stock its 17th largest holding. Verus Capital Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $16,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DGRO. Ameriprise Financial Inc. grew its holdings in iShares Core Dividend Growth ETF by 15.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after buying an additional 1,080,418 shares during the period. Wellington Management Group LLP purchased a new stake in iShares Core Dividend Growth ETF during the third quarter valued at about $65,915,000. MML Investors Services LLC grew 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 period. HighTower Advisors LLC grew its position in iShares Core Dividend Growth ETF by 15.7% during the third quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock valued at $337,810,000 after acquiring an additional 673,706 shares during the period. Finally, Wealthfront Advisers LLC grew its position in iShares Core Dividend Growth ETF by 4.7% during the fourth quarter. Wealthfront Advisers LLC now owns 13,931,233 shares of the company’s stock valued at $967,106,000 after acquiring an additional 628,342 shares during the period.

iShares Core Dividend Growth ETF Trading Down 0.3%

DGRO stock opened at $75.15 on Thursday. The stock has a 50-day moving average price of $72.67 and a two-hundred day moving average price of $71.56. iShares Core Dividend Growth ETF has a 12-month low of $62.05 and a 12-month high of $75.46. The company has a market cap of $40.44 billion, a PE ratio of 19.66 and a beta of 0.77.

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.