Capital Investment Advisors LLC Boosts Stake in iShares Core Dividend Growth ETF $DGRO

Capital Investment Advisors LLC boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,339,921 shares of the company’s stock after purchasing an additional 215,540 shares during the quarter. iShares Core Dividend Growth ETF comprises 8.8% of Capital Investment Advisors LLC’s investment portfolio, making the stock its biggest position. Capital Investment Advisors LLC owned about 1.61% of iShares Core Dividend Growth ETF worth $578,957,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in DGRO. Post Resch Tallon Group Inc. increased its holdings in shares of iShares Core Dividend Growth ETF by 0.5% in the 3rd quarter. Post Resch Tallon Group Inc. now owns 30,447 shares of the company’s stock worth $2,073,000 after buying an additional 150 shares during the last quarter. Cvfg LLC lifted its stake in iShares Core Dividend Growth ETF by 2.3% during the third quarter. Cvfg LLC now owns 6,595 shares of the company’s stock worth $449,000 after purchasing an additional 150 shares during the last quarter. Dakota Wealth Management lifted its stake in iShares Core Dividend Growth ETF by 3.3% during the fourth quarter. Dakota Wealth Management now owns 4,755 shares of the company’s stock worth $330,000 after purchasing an additional 150 shares during the last quarter. PFG Investments LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 1.5% in the 3rd quarter. PFG Investments LLC now owns 10,320 shares of the company’s stock worth $703,000 after purchasing an additional 155 shares in the last quarter. Finally, Wealth Management Associates Inc. increased its position in shares of iShares Core Dividend Growth ETF by 1.5% during the 3rd quarter. Wealth Management Associates Inc. now owns 11,710 shares of the company’s stock valued at $797,000 after purchasing an additional 174 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $68.90 on Friday. The firm has a market cap of $35.97 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a fifty-two week low of $54.09 and a fifty-two week high of $74.28. The firm has a 50 day moving average price of $72.02 and a 200-day moving average price of $69.93.

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.