Northern Trust Corp Acquires 3,776 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Northern Trust Corp lifted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,650 shares of the company’s stock after purchasing an additional 3,776 shares during the period. Northern Trust Corp’s holdings in iShares Core Dividend Growth ETF were worth $5,070,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at about $616,824,000. LPL Financial LLC boosted its holdings in iShares Core Dividend Growth ETF by 10.4% in the fourth quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock worth $905,150,000 after acquiring an additional 1,392,383 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in iShares Core Dividend Growth ETF by 5,922.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,334,049 shares of the company’s stock valued at $81,831,000 after acquiring an additional 1,311,899 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of iShares Core Dividend Growth ETF by 36.6% during the fourth quarter. Jones Financial Companies Lllp now owns 4,224,958 shares of the company’s stock valued at $259,159,000 after acquiring an additional 1,132,527 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of iShares Core Dividend Growth ETF by 17.7% during the fourth quarter. Wells Fargo & Company MN now owns 6,198,943 shares of the company’s stock valued at $380,243,000 after acquiring an additional 932,713 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 1.8%

Shares of DGRO opened at $61.54 on Thursday. The business’s fifty day moving average is $60.10 and its 200 day moving average is $62.00. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $65.08. The stock has a market cap of $30.61 billion, a P/E ratio of 20.04 and a beta of 0.86.

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.