Concord Asset Management LLC VA Has $7.35 Million Stock Position in iShares Core Dividend Growth ETF $DGRO

Concord Asset Management LLC VA grew its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 30.7% in the 2nd quarter, HoldingsChannel reports. The fund owned 115,012 shares of the company’s stock after purchasing an additional 27,016 shares during the quarter. iShares Core Dividend Growth ETF makes up 1.1% of Concord Asset Management LLC VA’s investment portfolio, making the stock its 25th largest position. Concord Asset Management LLC VA’s holdings in iShares Core Dividend Growth ETF were worth $7,354,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC lifted its position in iShares Core Dividend Growth ETF by 6.4% during the first quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock worth $969,797,000 after acquiring an additional 941,311 shares during the last quarter. Raymond James Financial Inc. lifted its position in iShares Core Dividend Growth ETF by 1.7% during the first quarter. Raymond James Financial Inc. now owns 10,230,233 shares of the company’s stock worth $632,024,000 after acquiring an additional 174,417 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in iShares Core Dividend Growth ETF by 3.0% during the first quarter. Commonwealth Equity Services LLC now owns 7,996,206 shares of the company’s stock worth $494,006,000 after acquiring an additional 229,667 shares during the last quarter. Capital Investment Advisors LLC lifted its position in iShares Core Dividend Growth ETF by 3.3% during the second quarter. Capital Investment Advisors LLC now owns 7,961,214 shares of the company’s stock worth $509,040,000 after acquiring an additional 257,838 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in iShares Core Dividend Growth ETF by 0.7% during the first quarter. PNC Financial Services Group Inc. now owns 7,745,402 shares of the company’s stock worth $478,511,000 after acquiring an additional 55,058 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Down 1.8%

Shares of DGRO stock opened at $66.93 on Monday. The firm has a 50 day moving average price of $66.95 and a two-hundred day moving average price of $63.68. The company has a market capitalization of $33.85 billion, a PE ratio of 19.66 and a beta of 0.89. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $68.88.

iShares Core Dividend Growth ETF Company 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.