ShoreHaven Wealth Partners LLC Buys 9,980 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

ShoreHaven Wealth Partners LLC lifted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 37.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,340 shares of the company’s stock after purchasing an additional 9,980 shares during the quarter. iShares Core Dividend Growth ETF comprises approximately 1.1% of ShoreHaven Wealth Partners LLC’s holdings, making the stock its 23rd largest position. ShoreHaven Wealth Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,278,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. 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. lifted its position in 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 valued at $518,863,000 after acquiring 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% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 8,821,774 shares of the company’s stock valued at $508,222,000 after acquiring an additional 111,539 shares in the last quarter. Capital Investment Advisors LLC lifted its position in iShares Core Dividend Growth ETF by 1.5% in the 3rd quarter. Capital Investment Advisors LLC now owns 7,315,118 shares of the company’s stock valued at $458,585,000 after acquiring an additional 109,977 shares in the last quarter. Finally, Raymond James & Associates lifted its position in iShares Core Dividend Growth ETF by 1.8% in the 3rd quarter. Raymond James & Associates now owns 2,538,953 shares of the company’s stock valued at $159,167,000 after acquiring an additional 45,538 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.6 %

DGRO stock opened at $62.51 on Friday. The stock has a market capitalization of $29.60 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12-month low of $47.19 and a 12-month high of $64.00. The stock’s 50 day simple moving average is $62.18 and its 200 day simple moving average is $59.36.

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.