American Trust Raises Position in iShares Core Dividend Growth ETF $DGRO

American Trust boosted its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 16.2% during the fourth quarter, Holdings Channel reports. The firm owned 960,971 shares of the company’s stock after purchasing an additional 133,917 shares during the quarter. iShares Core Dividend Growth ETF comprises about 5.6% of American Trust’s holdings, making the stock its 3rd biggest position. American Trust’s holdings in iShares Core Dividend Growth ETF were worth $66,711,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DGRO. Royal Bank of Canada lifted its position in iShares Core Dividend Growth ETF by 24.0% during the fourth quarter. Royal Bank of Canada now owns 8,137,125 shares of the company’s stock valued at $564,879,000 after purchasing an additional 1,576,241 shares during the period. Ameriprise Financial Inc. lifted its position 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 valued at $504,803,000 after purchasing an additional 1,080,418 shares during the period. Wellington Management Group LLP bought a new position in iShares Core Dividend Growth ETF during the third quarter valued at approximately $65,915,000. MML Investors Services LLC lifted 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 purchasing an additional 934,207 shares during the period. Finally, Wells Fargo & Company MN lifted its position in iShares Core Dividend Growth ETF by 10.4% during the fourth quarter. Wells Fargo & Company MN now owns 7,050,627 shares of the company’s stock valued at $489,454,000 after purchasing an additional 665,808 shares during the period.

iShares Core Dividend Growth ETF Stock Down 1.1%

Shares of iShares Core Dividend Growth ETF stock opened at $74.99 on Thursday. The company has a market cap of $40.36 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. The company’s 50 day moving average is $73.77 and its 200 day moving average is $72.06. iShares Core Dividend Growth ETF has a twelve month low of $62.05 and a twelve month high of $76.07.

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.