Raymond James Financial Inc. Buys New Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Raymond James Financial Inc. acquired a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 10,055,816 shares of the company’s stock, valued at approximately $616,824,000.

Several other institutional investors and hedge funds have also bought and sold shares of DGRO. Ulland Investment Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $27,000. Truvestments Capital LLC bought a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at approximately $28,000. Y.D. More Investments Ltd purchased a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at $33,000. Synergy Investment Management LLC purchased a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at $37,000. Finally, Tompkins Financial Corp purchased a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at $41,000.

iShares Core Dividend Growth ETF Trading Up 0.7 %

Shares of NYSEARCA:DGRO opened at $63.04 on Thursday. The stock has a fifty day simple moving average of $62.84 and a two-hundred day simple moving average of $62.74. The stock has a market capitalization of $30.89 billion, a price-to-earnings ratio of 22.22 and a beta of 0.89. iShares Core Dividend Growth ETF has a 12-month low of $55.08 and a 12-month 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.