Claro Advisors Inc. Acquires 11,032 Shares of iShares Core Dividend Growth ETF $DGRO

Claro Advisors Inc. raised its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 46.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,641 shares of the company’s stock after purchasing an additional 11,032 shares during the quarter. Claro Advisors Inc.’s holdings in iShares Core Dividend Growth ETF were worth $2,612,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DGRO. Wealthfront Advisers LLC grew its stake in iShares Core Dividend Growth ETF by 25.1% in the 1st quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock worth $1,222,936,000 after acquiring an additional 3,494,469 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares Core Dividend Growth ETF by 4.4% during the second quarter. Envestnet Asset Management Inc. now owns 11,099,887 shares of the company’s stock valued at $841,260,000 after acquiring an additional 472,809 shares in the last quarter. Capital Investment Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the third quarter valued at approximately $645,925,000. Royal Bank of Canada boosted its holdings in shares of iShares Core Dividend Growth ETF by 1.2% in the first quarter. Royal Bank of Canada now owns 8,230,843 shares of the company’s stock valued at $577,641,000 after purchasing an additional 93,718 shares during the period. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the third quarter valued at approximately $537,749,000.

iShares Core Dividend Growth ETF Stock Down 2.8%

Shares of NYSEARCA:DGRO opened at $80.25 on Friday. iShares Core Dividend Growth ETF has a 52-week low of $67.14 and a 52-week high of $82.90. The stock has a market cap of $44.84 billion, a P/E ratio of 19.66 and a beta of 0.75. The business’s 50 day moving average is $78.27 and its 200 day moving average is $75.35.

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.