First Business Financial Services Inc. Boosts Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

First Business Financial Services Inc. raised its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 904,501 shares of the company’s stock after buying an additional 6,006 shares during the period. iShares Core Dividend Growth ETF accounts for approximately 5.5% of First Business Financial Services Inc.’s portfolio, making the stock its 5th biggest holding. First Business Financial Services Inc. owned 0.19% of iShares Core Dividend Growth ETF worth $55,482,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DGRO. Counterweight Ventures LLC increased its stake in shares of iShares Core Dividend Growth ETF by 1.3% in the fourth quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock worth $1,658,000 after purchasing an additional 349 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth about $3,573,000. HF Advisory Group LLC increased its stake in shares of iShares Core Dividend Growth ETF by 1.7% in the third quarter. HF Advisory Group LLC now owns 98,569 shares of the company’s stock worth $6,179,000 after purchasing an additional 1,627 shares during the period. World Investment Advisors LLC increased its stake in shares of iShares Core Dividend Growth ETF by 45.8% in the third quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock worth $2,323,000 after purchasing an additional 11,634 shares during the period. Finally, Fisher Asset Management LLC bought a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth about $208,000.

iShares Core Dividend Growth ETF Stock Up 0.7 %

Shares of DGRO opened at $63.04 on Thursday. The firm has a market capitalization of $30.89 billion, a price-to-earnings ratio of 22.22 and a beta of 0.89. The stock’s 50-day moving average price is $62.84 and its 200 day moving average price is $62.74. iShares Core Dividend Growth ETF has a 12-month low of $55.08 and a 12-month high of $65.08.

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.