iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Stock Position Boosted by Capital Investment Advisors LLC

Capital Investment Advisors LLC increased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.5% in the fourth quarter, Holdings Channel reports. The firm owned 7,495,566 shares of the company’s stock after acquiring an additional 180,448 shares during the period. iShares Core Dividend Growth ETF makes up 9.4% of Capital Investment Advisors LLC’s portfolio, making the stock its biggest position. Capital Investment Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $459,778,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new stake in iShares Core Dividend Growth ETF during the 3rd quarter valued at $28,000. SWAN Capital LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth about $50,000. Bfsg LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth about $61,000. Quent Capital LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 49,900.0% in the third quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock worth $63,000 after acquiring an additional 998 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in iShares Core Dividend Growth ETF in the third quarter valued at about $105,000.

iShares Core Dividend Growth ETF Trading Up 0.2 %

NYSEARCA DGRO traded up $0.12 during mid-day trading on Monday, reaching $60.58. 722,678 shares of the company’s stock traded hands, compared to its average volume of 1,860,408. The company has a fifty day simple moving average of $62.91 and a 200-day simple moving average of $61.60. iShares Core Dividend Growth ETF has a 1-year low of $53.11 and a 1-year high of $65.08. The company has a market cap of $28.68 billion, a price-to-earnings 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.