Edgestream Partners L.P. Acquires 597 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Edgestream Partners L.P. boosted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 14.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,756 shares of the company’s stock after purchasing an additional 597 shares during the quarter. Edgestream Partners L.P.’s holdings in iShares Core Dividend Growth ETF were worth $298,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. TRUE Private Wealth Advisors grew its position in iShares Core Dividend Growth ETF by 6.9% during the third quarter. TRUE Private Wealth Advisors now owns 6,278 shares of the company’s stock worth $394,000 after buying an additional 405 shares in the last quarter. Financial Counselors Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 90.2% during the 3rd quarter. Financial Counselors Inc. now owns 8,304 shares of the company’s stock worth $521,000 after purchasing an additional 3,938 shares in the last quarter. National Wealth Management Group LLC increased its position in shares of iShares Core Dividend Growth ETF by 5.9% during the third quarter. National Wealth Management Group LLC now owns 6,556 shares of the company’s stock valued at $411,000 after purchasing an additional 366 shares during the period. CreativeOne Wealth LLC lifted its position in iShares Core Dividend Growth ETF by 6.4% in the third quarter. CreativeOne Wealth LLC now owns 19,504 shares of the company’s stock worth $1,223,000 after purchasing an additional 1,168 shares during the period. Finally, Glenmede Trust Co. NA boosted its stake in iShares Core Dividend Growth ETF by 48.9% during the third quarter. Glenmede Trust Co. NA now owns 13,098 shares of the company’s stock worth $821,000 after buying an additional 4,300 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $64.07 on Friday. The firm has a fifty day moving average of $63.37 and a 200-day moving average of $60.78. The stock has a market cap of $30.33 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 52-week low of $51.83 and a 52-week high of $65.08.

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.