Gladstone Institutional Advisory LLC Buys 488 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Gladstone Institutional Advisory LLC increased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.3% in the 4th quarter, Holdings Channel reports. The fund owned 142,485 shares of the company’s stock after buying an additional 488 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in iShares Core Dividend Growth ETF were worth $8,740,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC increased its position in shares of iShares Core Dividend Growth ETF by 5,922.8% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,334,049 shares of the company’s stock valued at $81,831,000 after purchasing an additional 1,311,899 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in iShares Core Dividend Growth ETF in the fourth quarter worth approximately $44,389,000. MML Investors Services LLC boosted its stake in iShares Core Dividend Growth ETF by 20.4% in the third quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after buying an additional 644,193 shares in the last quarter. LPL Financial LLC grew its position in iShares Core Dividend Growth ETF by 3.2% during the third quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after acquiring an additional 413,083 shares during the last quarter. Finally, Summit Investment Advisory Services LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the third quarter worth approximately $23,432,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $63.97 on Wednesday. iShares Core Dividend Growth ETF has a fifty-two week low of $54.31 and a fifty-two week high of $65.08. The firm has a 50 day moving average price of $62.55 and a 200-day moving average price of $62.27. The firm has a market cap of $30.29 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.