Verus Capital Partners LLC Purchases 7,892 Shares of iShares Core Dividend Growth ETF $DGRO

Verus Capital Partners LLC lifted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 212,601 shares of the company’s stock after acquiring an additional 7,892 shares during the period. iShares Core Dividend Growth ETF accounts for about 1.0% of Verus Capital Partners LLC’s investment portfolio, making the stock its 15th largest holding. Verus Capital Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $14,474,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in 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 worth $865,424,000 after purchasing an additional 4,028,341 shares in the last quarter. Jones Financial Companies Lllp lifted its position in iShares Core Dividend Growth ETF by 16.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock valued at $583,076,000 after acquiring an additional 1,211,980 shares during the period. Ameriprise Financial Inc. boosted its stake 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 worth $504,803,000 after acquiring an additional 1,080,418 shares in the last quarter. MML Investors Services LLC grew its holdings in iShares Core Dividend Growth ETF by 25.9% in the second quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock worth $289,967,000 after purchasing an additional 934,207 shares during the period. Finally, HighTower Advisors LLC grew its holdings in iShares Core Dividend Growth ETF by 15.7% in the third quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock worth $337,810,000 after purchasing an additional 673,706 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $73.79 on Monday. The firm has a 50 day moving average price of $71.41 and a 200-day moving average price of $69.09. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week high of $74.28. The firm has a market capitalization of $38.53 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84.

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.