Dynamic Financial Group Acquires New Holdings in iShares Core Dividend Growth ETF $DGRO

Dynamic Financial Group acquired a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 5,890 shares of the company’s stock, valued at approximately $377,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. LPL Financial LLC grew its position in shares of iShares Core Dividend Growth ETF by 6.4% in the 1st quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock valued at $969,797,000 after purchasing an additional 941,311 shares during the period. Raymond James Financial Inc. grew its position in shares of iShares Core Dividend Growth ETF by 1.7% in the 1st quarter. Raymond James Financial Inc. now owns 10,230,233 shares of the company’s stock valued at $632,024,000 after purchasing an additional 174,417 shares during the period. Commonwealth Equity Services LLC grew its position in shares of iShares Core Dividend Growth ETF by 3.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 7,996,206 shares of the company’s stock valued at $494,006,000 after purchasing an additional 229,667 shares during the period. Capital Investment Advisors LLC grew its position in shares of iShares Core Dividend Growth ETF by 3.3% in the 2nd quarter. Capital Investment Advisors LLC now owns 7,961,214 shares of the company’s stock valued at $509,040,000 after purchasing an additional 257,838 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares Core Dividend Growth ETF by 0.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,745,402 shares of the company’s stock valued at $478,511,000 after purchasing an additional 55,058 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $66.93 on Monday. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week high of $68.88. The stock has a 50 day simple moving average of $66.95 and a 200 day simple moving average of $63.68. The firm 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 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.