Mayflower Financial Advisors LLC Has $1.40 Million Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Mayflower Financial Advisors LLC raised its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,822 shares of the company’s stock after buying an additional 1,378 shares during the period. Mayflower Financial Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,400,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 1.4% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 159,089 shares of the company’s stock valued at $9,758,000 after purchasing an additional 2,210 shares in the last quarter. Altus Wealth Management LLC boosted its stake in iShares Core Dividend Growth ETF by 2.5% in the fourth quarter. Altus Wealth Management LLC now owns 422,929 shares of the company’s stock valued at $25,942,000 after acquiring an additional 10,193 shares during the last quarter. Foundations Investment Advisors LLC boosted its stake in iShares Core Dividend Growth ETF by 3.4% in the fourth quarter. Foundations Investment Advisors LLC now owns 149,091 shares of the company’s stock valued at $9,145,000 after acquiring an additional 4,861 shares during the last quarter. Cornell Pochily Investment Advisors Inc. boosted its stake in iShares Core Dividend Growth ETF by 2.8% in the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 76,028 shares of the company’s stock valued at $4,664,000 after acquiring an additional 2,066 shares during the last quarter. Finally, Mount Yale Investment Advisors LLC boosted its stake in iShares Core Dividend Growth ETF by 30.1% in the fourth quarter. Mount Yale Investment Advisors LLC now owns 71,758 shares of the company’s stock valued at $4,402,000 after acquiring an additional 16,596 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $63.22 on Wednesday. iShares Core Dividend Growth ETF has a 52-week low of $54.31 and a 52-week high of $65.08. The stock has a market cap of $29.93 billion, a PE ratio of 19.25 and a beta of 0.71. The firm’s 50 day moving average price is $62.72 and its two-hundred day moving average price is $61.99.

About iShares Core Dividend Growth ETF

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.