Ulland Investment Advisors LLC Acquires Shares of 440 iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Ulland Investment Advisors LLC bought a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 440 shares of the company’s stock, valued at approximately $27,000.

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

iShares Core Dividend Growth ETF Trading Up 0.5 %

DGRO stock opened at $62.59 on Tuesday. The stock’s 50 day simple moving average is $62.74 and its 200 day simple moving average is $61.78. iShares Core Dividend Growth ETF has a 12-month low of $53.18 and a 12-month high of $65.08. The stock has a market capitalization of $29.63 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.