Commonwealth Equity Services LLC Has $476.40 Million Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Commonwealth Equity Services LLC lifted its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 9.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,766,539 shares of the company’s stock after purchasing an additional 673,044 shares during the quarter. iShares Core Dividend Growth ETF makes up about 0.7% of Commonwealth Equity Services LLC’s investment portfolio, making the stock its 17th largest position. Commonwealth Equity Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $476,399,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of DGRO. Counterweight Ventures LLC grew its stake in shares of iShares Core Dividend Growth ETF by 1.3% during the fourth quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock worth $1,658,000 after purchasing an additional 349 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter worth about $3,573,000. Ranch Capital Advisors Inc. lifted its holdings in shares of iShares Core Dividend Growth ETF by 1.7% during the 4th quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock valued at $1,143,000 after purchasing an additional 317 shares in the last quarter. World Investment Advisors LLC boosted its stake in iShares Core Dividend Growth ETF by 45.8% in the 3rd quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock worth $2,323,000 after purchasing an additional 11,634 shares during the period. Finally, Sterling Wealth Advisors Inc bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $1,969,000.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $61.16 on Thursday. iShares Core Dividend Growth ETF has a one year low of $55.08 and a one year high of $65.08. The stock has a market capitalization of $29.97 billion, a PE ratio of 22.22 and a beta of 0.89. The company’s 50-day moving average price is $62.92 and its two-hundred day moving average price is $62.80.

iShares Core Dividend Growth ETF Company 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.