First Business Financial Services Inc. Raises Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

First Business Financial Services Inc. lifted its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 898,495 shares of the company’s stock after purchasing an additional 10,279 shares during the quarter. iShares Core Dividend Growth ETF accounts for approximately 5.6% of First Business Financial Services Inc.’s investment portfolio, making the stock its 5th largest holding. First Business Financial Services Inc.’s holdings in iShares Core Dividend Growth ETF were worth $56,327,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of iShares Core Dividend Growth ETF by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 31,878 shares of the company’s stock valued at $1,851,000 after buying an additional 780 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. lifted its stake in iShares Core Dividend Growth ETF by 2.4% during the second quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 38,604 shares of the company’s stock worth $2,224,000 after purchasing an additional 889 shares during the period. HF Advisory Group LLC boosted its holdings in iShares Core Dividend Growth ETF by 1.7% during the third quarter. HF Advisory Group LLC now owns 98,569 shares of the company’s stock valued at $6,179,000 after purchasing an additional 1,627 shares in the last quarter. Cornell Pochily Investment Advisors Inc. raised its holdings in shares of iShares Core Dividend Growth ETF by 7.6% in the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 73,962 shares of the company’s stock worth $4,637,000 after buying an additional 5,254 shares in the last quarter. Finally, Premier Path Wealth Partners LLC grew its position in iShares Core Dividend Growth ETF by 6.8% in the second quarter. Premier Path Wealth Partners LLC now owns 158,082 shares of the company’s stock valued at $9,107,000 after acquiring an additional 9,996 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $63.42 on Friday. The business has a fifty day moving average of $62.65 and a two-hundred day moving average of $60.02. iShares Core Dividend Growth ETF has a 52-week low of $50.54 and a 52-week high of $64.52. The stock has a market cap of $30.03 billion, a PE ratio of 19.25 and a beta of 0.71.

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.