SVRN Asset Management LLC Has $26.70 Million Holdings in iShares Core Dividend Growth ETF $DGRO

SVRN Asset Management LLC boosted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 104.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 352,342 shares of the company’s stock after buying an additional 179,620 shares during the period. iShares Core Dividend Growth ETF makes up about 13.7% of SVRN Asset Management LLC’s investment portfolio, making the stock its 2nd biggest position. SVRN Asset Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $26,704,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DGRO. Investor s Fiduciary Advisor Network LLC raised its position in shares of iShares Core Dividend Growth ETF by 0.6% during the 2nd quarter. Investor s Fiduciary Advisor Network LLC now owns 22,102 shares of the company’s stock valued at $1,675,000 after acquiring an additional 136 shares during the last quarter. Sapient Capital LLC boosted its position in shares of iShares Core Dividend Growth ETF by 10.0% in the 2nd quarter. Sapient Capital LLC now owns 5,922 shares of the company’s stock worth $449,000 after purchasing an additional 536 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of iShares Core Dividend Growth ETF by 84.2% during the second quarter. Concurrent Investment Advisors LLC now owns 197,951 shares of the company’s stock worth $15,003,000 after purchasing an additional 90,503 shares during the period. Fairway Financial LLC increased its holdings in iShares Core Dividend Growth ETF by 1.0% in the second quarter. Fairway Financial LLC now owns 161,709 shares of the company’s stock valued at $12,256,000 after purchasing an additional 1,675 shares during the last quarter. Finally, Continuum Advisory LLC increased its holdings in iShares Core Dividend Growth ETF by 8.1% in the second quarter. Continuum Advisory LLC now owns 4,860 shares of the company’s stock valued at $368,000 after purchasing an additional 364 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.6%

NYSEARCA:DGRO opened at $79.13 on Friday. iShares Core Dividend Growth ETF has a 1-year low of $66.62 and a 1-year high of $80.58. The firm has a market capitalization of $43.36 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76. The business’s 50-day moving average price is $78.34 and its two-hundred day moving average price is $74.87.

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.