LGL Partners LLC Purchases 597 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

LGL Partners LLC grew its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 309,894 shares of the company’s stock after buying an additional 597 shares during the quarter. iShares Core Dividend Growth ETF accounts for 2.8% of LGL Partners LLC’s holdings, making the stock its 7th largest holding. LGL Partners LLC owned approximately 0.07% of iShares Core Dividend Growth ETF worth $19,009,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of DGRO. LPL Financial LLC boosted its position in iShares Core Dividend Growth ETF by 3.2% in the 3rd quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after buying an additional 413,083 shares during the period. PNC Financial Services Group Inc. boosted its holdings in iShares Core Dividend Growth ETF by 1.4% in the third quarter. PNC Financial Services Group Inc. now owns 7,842,422 shares of the company’s stock valued at $491,641,000 after purchasing an additional 108,051 shares during the period. Capital Investment Advisors LLC grew its stake in iShares Core Dividend Growth ETF by 2.5% during the 4th quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock worth $459,778,000 after purchasing an additional 180,448 shares in the last quarter. MML Investors Services LLC increased its holdings in iShares Core Dividend Growth ETF by 20.4% during the 3rd quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after purchasing an additional 644,193 shares during the period. Finally, JPMorgan Chase & Co. raised its position in iShares Core Dividend Growth ETF by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,304,969 shares of the company’s stock valued at $207,189,000 after purchasing an additional 130,763 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of iShares Core Dividend Growth ETF stock opened at $63.89 on Wednesday. The business has a 50-day simple moving average of $62.62 and a 200-day simple moving average of $62.61. iShares Core Dividend Growth ETF has a one year low of $55.08 and a one year high of $65.08. The company has a market cap of $30.25 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.