iShares Core Dividend Growth ETF (NYSEARCA:DGRO) is Professional Financial Advisors LLC’s 8th Largest Position

Professional Financial Advisors LLC increased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,852 shares of the company’s stock after purchasing an additional 802 shares during the quarter. iShares Core Dividend Growth ETF makes up 1.5% of Professional Financial Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Professional Financial Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $5,758,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC raised its stake in iShares Core Dividend Growth ETF by 8.8% during the 2nd quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock valued at $746,096,000 after purchasing an additional 1,047,837 shares during the period. Envestnet Asset Management Inc. raised its position in 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 buying an additional 368,759 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in iShares Core Dividend Growth ETF by 1.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 8,821,774 shares of the company’s stock worth $508,222,000 after acquiring an additional 111,539 shares in the last quarter. Capital Investment Advisors LLC boosted its position in iShares Core Dividend Growth ETF by 2.1% during the 2nd quarter. Capital Investment Advisors LLC now owns 7,205,141 shares of the company’s stock worth $415,088,000 after acquiring an additional 150,379 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in iShares Core Dividend Growth ETF by 2.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 7,134,724 shares of the company’s stock valued at $414,242,000 after acquiring an additional 147,981 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.9 %

DGRO stock opened at $63.28 on Friday. The company has a 50 day moving average of $61.32 and a two-hundred day moving average of $58.95. The company has a market cap of $29.96 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12-month low of $47.19 and a 12-month high of $63.36.

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.