Probity Advisors Inc. Buys 8,596 Shares of iShares Core Dividend Growth ETF $DGRO

Probity Advisors Inc. raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 30.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 36,793 shares of the company’s stock after buying an additional 8,596 shares during the period. Probity Advisors Inc.’s holdings in iShares Core Dividend Growth ETF were worth $2,505,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in DGRO. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core Dividend Growth ETF by 42.4% in the second quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock valued at $865,424,000 after purchasing an additional 4,028,341 shares during the period. Ameriprise Financial Inc. raised its position in iShares Core Dividend Growth ETF by 15.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after purchasing an additional 1,080,418 shares in the last quarter. MML Investors Services LLC raised its position in iShares Core Dividend Growth ETF by 25.9% during the 2nd quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock valued at $289,967,000 after purchasing an additional 934,207 shares in the last quarter. Hughes Financial Services LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 86,423.7% in the 2nd quarter. Hughes Financial Services LLC now owns 591,822 shares of the company’s stock worth $38,356,000 after buying an additional 591,138 shares during the period. Finally, Vestmark Advisory Solutions Inc. grew its position in shares of iShares Core Dividend Growth ETF by 83.1% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 985,564 shares of the company’s stock worth $63,017,000 after buying an additional 447,210 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.1%

Shares of iShares Core Dividend Growth ETF stock opened at $71.36 on Friday. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $71.66. The stock’s fifty day moving average price is $69.81 and its 200-day moving average price is $67.88. The firm has a market cap of $37.08 billion, a P/E ratio of 19.66 and a beta of 0.84.

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.