iShares Core Dividend Growth ETF $DGRO Position Boosted by Verus Capital Partners LLC

Verus Capital Partners LLC increased its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.1% in the first quarter, Holdings Channel reports. The firm owned 246,737 shares of the company’s stock after purchasing an additional 14,201 shares during the quarter. iShares Core Dividend Growth ETF accounts for 1.2% of Verus Capital Partners LLC’s holdings, making the stock its 15th biggest holding. Verus Capital Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $17,316,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Auto Owners Insurance Co raised its stake in iShares Core Dividend Growth ETF by 9,203.2% during the fourth quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock valued at $332,280,000 after buying an additional 47,350,590 shares in the last quarter. Wealthfront Advisers LLC grew its position in shares of iShares Core Dividend Growth ETF by 25.1% in the 1st quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock worth $1,222,936,000 after acquiring an additional 3,494,469 shares in the last quarter. Royal Bank of Canada grew its position in shares of iShares Core Dividend Growth ETF by 24.0% in the 4th quarter. Royal Bank of Canada now owns 8,137,125 shares of the company’s stock worth $564,879,000 after acquiring an additional 1,576,241 shares in the last quarter. Quotient Wealth Partners LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 1st quarter valued at approximately $85,806,000. Finally, SHP Wealth Management bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $84,235,000.

iShares Core Dividend Growth ETF Trading Down 0.3%

DGRO stock opened at $78.01 on Friday. The firm has a market cap of $42.73 billion, a P/E ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 12-month low of $63.76 and a 12-month high of $79.53. The stock’s 50 day simple moving average is $76.19 and its 200 day simple moving average is $73.59.

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.