Commonwealth Equity Services LLC Grows Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Commonwealth Equity Services LLC increased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,093,495 shares of the company’s stock after purchasing an additional 16,395 shares during the period. iShares Core Dividend Growth ETF accounts for 0.7% of Commonwealth Equity Services LLC’s investment portfolio, making the stock its 17th largest holding. Commonwealth Equity Services LLC owned 1.50% of iShares Core Dividend Growth ETF worth $444,691,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Cetera Investment Advisers raised its stake in shares of iShares Core Dividend Growth ETF by 319.5% during the first quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock worth $111,616,000 after purchasing an additional 1,464,167 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 1,953.2% in the second quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock valued at $741,000 after acquiring an additional 1,223,349 shares in the last quarter. LPL Financial LLC raised its holdings in iShares Core Dividend Growth ETF by 8.8% during the second quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock worth $746,096,000 after purchasing an additional 1,047,837 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF in the second quarter valued at about $45,148,000. Finally, Smith Anglin Financial LLC boosted its holdings in iShares Core Dividend Growth ETF by 78.4% in the 3rd quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock valued at $84,424,000 after purchasing an additional 591,701 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO traded up $0.09 during trading hours on Friday, hitting $63.89. The company’s stock had a trading volume of 1,245,495 shares, compared to its average volume of 1,401,799. The company has a market capitalization of $30.25 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 52-week low of $47.19 and a 52-week high of $64.00. The business’s 50-day moving average is $61.86 and its two-hundred day moving average is $59.14.

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.