Fifth Third Securities Inc. Purchases 483,085 Shares of iShares Core Dividend Growth ETF $DGRO

Fifth Third Securities Inc. bought a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the third quarter, Holdings Channel reports. The fund bought 483,085 shares of the company’s stock, valued at approximately $36,420,000. iShares Core Dividend Growth ETF accounts for 1.8% of Fifth Third Securities Inc.’s investment portfolio, making the stock its 7th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. MBM Wealth Consultants LLC acquired a new position in iShares Core Dividend Growth ETF in the 1st quarter worth approximately $27,000. Financial Freedom LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 1st quarter valued at about $35,000. IAG Wealth Partners LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 100.7% during the first quarter. IAG Wealth Partners LLC now owns 592 shares of the company’s stock worth $42,000 after purchasing an additional 297 shares during the period. Tompkins Financial Corp acquired a new position in iShares Core Dividend Growth ETF in the 3rd quarter valued at approximately $50,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at $51,000.

iShares Core Dividend Growth ETF Trading Up 0.0%

DGRO stock traded up $0.01 during mid-day trading on Wednesday, hitting $79.28. The stock had a trading volume of 805,356 shares, compared to its average volume of 1,831,644. iShares Core Dividend Growth ETF has a 1-year low of $67.14 and a 1-year high of $80.58. The company has a fifty day moving average of $78.07 and a 200 day moving average of $76.16. The stock has a market capitalization of $44.18 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76.

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.