Founders Financial Securities LLC Has $5.11 Million Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Founders Financial Securities LLC lifted its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 14.3% during the fourth quarter, Holdings Channel reports. The firm owned 73,635 shares of the company’s stock after purchasing an additional 9,206 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares Core Dividend Growth ETF were worth $5,112,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of DGRO. Jones Financial Companies Lllp raised its position in shares of iShares Core Dividend Growth ETF by 16.4% during the third quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock worth $583,076,000 after purchasing an additional 1,211,980 shares during the period. Ameriprise Financial Inc. raised its position in iShares Core Dividend Growth ETF by 15.8% during the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after buying an additional 1,080,418 shares during the period. Wellington Management Group LLP acquired a new position in iShares Core Dividend Growth ETF during the third quarter valued at $65,915,000. MML Investors Services LLC raised its position in iShares Core Dividend Growth ETF by 25.9% during the second quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock valued at $289,967,000 after buying an additional 934,207 shares during the period. Finally, HighTower Advisors LLC raised its position in iShares Core Dividend Growth ETF by 15.7% during the third quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock valued at $337,810,000 after buying an additional 673,706 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.3%

NYSEARCA:DGRO opened at $74.92 on Friday. The firm has a market capitalization of $40.32 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 1-year low of $61.47 and a 1-year high of $75.03. The business’s fifty day moving average price is $72.33 and its 200 day moving average price is $71.41.

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.