Investment Partners LTD. Acquires 29,570 Shares of iShares Core Dividend Growth ETF $DGRO

Investment Partners LTD. bought a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 29,570 shares of the company’s stock, valued at approximately $2,229,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DGRO. Wealthfront Advisers LLC grew its holdings in iShares Core Dividend Growth ETF by 25.1% during the 1st quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock valued at $1,222,936,000 after buying an additional 3,494,469 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares Core Dividend Growth ETF by 4.4% during the 2nd 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 during the last quarter. Capital Investment Advisors LLC purchased a new position in iShares Core Dividend Growth ETF during the third quarter worth approximately $645,925,000. Royal Bank of Canada raised its position in shares of iShares Core Dividend Growth ETF by 1.2% in the 1st quarter. Royal Bank of Canada now owns 8,230,843 shares of the company’s stock worth $577,641,000 after buying an additional 93,718 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of iShares Core Dividend Growth ETF by 7.4% in the 1st quarter. Cetera Investment Advisers now owns 3,324,499 shares of the company’s stock valued at $233,313,000 after purchasing an additional 228,446 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.2%

Shares of DGRO stock opened at $81.03 on Friday. The company’s fifty day simple moving average is $78.16 and its 200-day simple moving average is $75.15. iShares Core Dividend Growth ETF has a 52 week low of $67.14 and a 52 week high of $81.79. The company has a market cap of $45.24 billion, a PE ratio of 19.66 and a beta of 0.76.

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.