Conservest Capital Advisors Inc. Increases Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Conservest Capital Advisors Inc. raised its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 21.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 799,973 shares of the company’s stock after acquiring an additional 141,221 shares during the quarter. iShares Core Dividend Growth ETF makes up about 4.7% of Conservest Capital Advisors Inc.’s portfolio, making the stock its 7th biggest position. Conservest Capital Advisors Inc. owned approximately 0.17% of iShares Core Dividend Growth ETF worth $46,446,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC boosted its position in shares of iShares Core Dividend Growth ETF by 8.8% in the 2nd 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. Envestnet Asset Management Inc. boosted its position in shares of iShares Core Dividend Growth ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,006,470 shares of the company’s stock worth $518,863,000 after purchasing an additional 368,759 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in iShares Core Dividend Growth ETF by 1.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 8,821,774 shares of the company’s stock worth $508,222,000 after acquiring an additional 111,539 shares during the period. Capital Investment Advisors LLC lifted its position in iShares Core Dividend Growth ETF by 1.5% during the 3rd quarter. Capital Investment Advisors LLC now owns 7,315,118 shares of the company’s stock worth $458,585,000 after acquiring an additional 109,977 shares during the period. Finally, Raymond James & Associates lifted its position in iShares Core Dividend Growth ETF by 1.8% during the 3rd quarter. Raymond James & Associates now owns 2,538,953 shares of the company’s stock worth $159,167,000 after acquiring an additional 45,538 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $61.95 on Friday. The stock has a 50-day moving average of $62.32 and a two-hundred day moving average of $59.58. iShares Core Dividend Growth ETF has a one year low of $48.76 and a one year high of $64.00. The stock has a market cap of $29.33 billion, a P/E 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.