Verdence Capital Advisors LLC Buys 3,004 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Verdence Capital Advisors LLC boosted its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 8.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,679 shares of the company’s stock after purchasing an additional 3,004 shares during the period. Verdence Capital Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,487,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cetera Investment Advisers boosted its holdings in 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 position in iShares Core Dividend Growth ETF by 1,953.2% during the second quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock valued at $741,000 after purchasing an additional 1,223,349 shares during the last quarter. LPL Financial LLC grew its stake in iShares Core Dividend Growth ETF by 8.8% in the second quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock valued at $746,096,000 after purchasing an additional 1,047,837 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in iShares Core Dividend Growth ETF during the second quarter worth $45,148,000. Finally, Smith Anglin Financial LLC increased its stake in shares of iShares Core Dividend Growth ETF by 78.4% during the 3rd quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock worth $84,424,000 after purchasing an additional 591,701 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.6 %

NYSEARCA:DGRO opened at $64.15 on Friday. iShares Core Dividend Growth ETF has a 12-month low of $49.08 and a 12-month high of $64.34. The firm has a market capitalization of $30.37 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The stock’s 50 day moving average price is $62.47 and its two-hundred day moving average price is $59.84.

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.