iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Acquired by FourThought Financial Partners LLC

FourThought Financial Partners LLC boosted its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 33.9% in the fourth quarter, HoldingsChannel reports. The firm owned 172,725 shares of the company’s stock after purchasing an additional 43,740 shares during the quarter. iShares Core Dividend Growth ETF makes up approximately 1.1% of FourThought Financial Partners LLC’s holdings, making the stock its 25th largest holding. FourThought Financial Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $10,595,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Strategic Financial Concepts LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 5,922.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,334,049 shares of the company’s stock worth $81,831,000 after purchasing an additional 1,311,899 shares in the last quarter. Stonebridge Financial Group LLC acquired a new position in iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $44,389,000. MML Investors Services LLC increased its stake in shares of iShares Core Dividend Growth ETF by 20.4% during the 3rd quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after purchasing an additional 644,193 shares during the last quarter. LPL Financial LLC grew 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 valued at $837,783,000 after buying an additional 413,083 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in iShares Core Dividend Growth ETF by 171.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 386,293 shares of the company’s stock valued at $23,657,000 after purchasing an additional 243,893 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO opened at $63.70 on Tuesday. The company has a market capitalization of $30.16 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company has a 50-day moving average of $62.60 and a 200-day moving average of $62.58. iShares Core Dividend Growth ETF has a 52 week low of $55.08 and a 52 week high of $65.08.

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.