Financial Perspectives Inc Has $2.73 Million Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Financial Perspectives Inc increased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 47,445 shares of the company’s stock after acquiring an additional 1,142 shares during the period. iShares Core Dividend Growth ETF accounts for about 1.0% of Financial Perspectives Inc’s portfolio, making the stock its 22nd largest position. Financial Perspectives Inc’s holdings in iShares Core Dividend Growth ETF were worth $2,733,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DGRO. Cetera Investment Advisers boosted its holdings in iShares Core Dividend Growth ETF by 319.5% during the first quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock valued at $111,616,000 after purchasing an additional 1,464,167 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in iShares Core Dividend Growth ETF by 1,953.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock valued at $741,000 after buying an additional 1,223,349 shares in the last quarter. LPL Financial LLC grew its position in iShares Core Dividend Growth ETF by 8.8% in the second quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock valued at $746,096,000 after acquiring an additional 1,047,837 shares during the period. Wells Fargo & Company MN raised its stake in iShares Core Dividend Growth ETF by 11.0% during the fourth quarter. Wells Fargo & Company MN now owns 5,252,724 shares of the company’s stock worth $282,702,000 after acquiring an additional 518,671 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core Dividend Growth ETF by 4.3% during the second 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 during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO opened at $61.78 on Monday. The company has a market capitalization of $29.25 billion, a PE ratio of 19.25 and a beta of 0.71. The company’s fifty day moving average is $60.06 and its 200-day moving average is $58.18. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $62.19.

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.