American Trust Acquires 282,505 Shares of iShares Core Dividend Growth ETF $DGRO

American Trust lifted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 44.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 917,657 shares of the company’s stock after purchasing an additional 282,505 shares during the quarter. iShares Core Dividend Growth ETF comprises approximately 5.5% of American Trust’s investment portfolio, making the stock its 3rd biggest position. American Trust owned 0.18% of iShares Core Dividend Growth ETF worth $58,675,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of DGRO. Bank of America Corp DE lifted its position in iShares Core Dividend Growth ETF by 2.3% in the second quarter. Bank of America Corp DE now owns 18,467,081 shares of the company’s stock valued at $1,180,785,000 after buying an additional 413,365 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares Core Dividend Growth ETF by 42.4% during the second quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock valued at $865,424,000 after acquiring an additional 4,028,341 shares during the last quarter. Capital Investment Advisors LLC raised its stake in shares of iShares Core Dividend Growth ETF by 3.3% in the 2nd quarter. Capital Investment Advisors LLC now owns 7,961,214 shares of the company’s stock valued at $509,040,000 after acquiring an additional 257,838 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of 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 worth $504,803,000 after acquiring an additional 1,080,418 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of iShares Core Dividend Growth ETF by 3.7% in the 1st quarter. Royal Bank of Canada now owns 6,157,442 shares of the company’s stock worth $380,408,000 after acquiring an additional 219,938 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO opened at $70.24 on Monday. iShares Core Dividend Growth ETF has a fifty-two week low of $54.09 and a fifty-two week high of $70.61. The company has a 50 day moving average price of $68.56 and a 200 day moving average price of $66.47. The stock has a market capitalization of $35.65 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.