Stephens Inc. AR Has $10.84 Million Stake in iShares Core Dividend Growth ETF $DGRO

Stephens Inc. AR boosted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 9.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,157 shares of the company’s stock after buying an additional 13,648 shares during the quarter. Stephens Inc. AR’s holdings in iShares Core Dividend Growth ETF were worth $10,840,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of DGRO. Jones Financial Companies Lllp boosted its stake in iShares Core Dividend Growth ETF by 16.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock valued at $583,076,000 after buying an additional 1,211,980 shares in the last quarter. Ameriprise Financial Inc. raised its position in iShares Core Dividend Growth ETF by 15.8% in 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 during the last quarter. Wellington Management Group LLP bought a new position in iShares Core Dividend Growth ETF in the 3rd quarter valued at $65,915,000. MML Investors Services LLC raised its position in iShares Core Dividend Growth ETF by 25.9% in 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 during the last quarter. Finally, HighTower Advisors LLC raised its position in iShares Core Dividend Growth ETF by 15.7% in the 3rd quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock valued at $337,810,000 after purchasing an additional 673,706 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $73.36 on Friday. The stock has a fifty day moving average price of $71.67 and a two-hundred day moving average price of $70.97. iShares Core Dividend Growth ETF has a 52-week low of $60.73 and a 52-week high of $74.28. The company has a market cap of $39.48 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77.

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.