Advisory Services Network LLC Buys 2,907 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Advisory Services Network LLC boosted its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 118,083 shares of the company’s stock after purchasing an additional 2,907 shares during the period. Advisory Services Network LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,856,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Etfidea LLC raised its position in iShares Core Dividend Growth ETF by 1.2% in the third quarter. Etfidea LLC now owns 563,525 shares of the company’s stock worth $27,911,000 after acquiring an additional 6,948 shares during the period. Financial Insights Inc. bought a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at $2,211,000. Tritonpoint Wealth LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at $299,000. Koshinski Asset Management Inc. raised its position in shares of iShares Core Dividend Growth ETF by 33.7% during the 4th quarter. Koshinski Asset Management Inc. now owns 7,281 shares of the company’s stock valued at $392,000 after purchasing an additional 1,837 shares during the period. Finally, Wealthcare Advisory Partners LLC raised its position in shares of iShares Core Dividend Growth ETF by 6.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 31,572 shares of the company’s stock valued at $1,699,000 after purchasing an additional 1,996 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.8 %

DGRO traded up $0.49 during trading on Friday, hitting $59.15. 288,404 shares of the company traded hands, compared to its average volume of 1,450,901. iShares Core Dividend Growth ETF has a 1 year low of $47.19 and a 1 year high of $59.18. The company has a market cap of $28.00 billion, a PE ratio of 19.25 and a beta of 0.71. The stock’s 50-day simple moving average is $57.64 and its two-hundred day simple moving average is $56.33.

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.