Chicago Partners Investment Group LLC Makes New $5.30 Million Investment in iShares Core Dividend Growth ETF $DGRO

Chicago Partners Investment Group LLC bought a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 66,549 shares of the company’s stock, valued at approximately $5,301,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Wealthfront Advisers LLC lifted its stake 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 valued at $1,222,936,000 after purchasing an additional 3,494,469 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares Core Dividend Growth ETF by 4.4% during the second quarter. Envestnet Asset Management Inc. now owns 11,099,887 shares of the company’s stock worth $841,260,000 after purchasing an additional 472,809 shares during the period. Capital Investment Advisors LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth $645,925,000. Royal Bank of Canada grew its stake in shares of iShares Core Dividend Growth ETF by 1.2% during the first quarter. Royal Bank of Canada now owns 8,230,843 shares of the company’s stock worth $577,641,000 after purchasing an additional 93,718 shares during the period. Finally, Cetera Investment Advisers increased its holdings in iShares Core Dividend Growth ETF by 7.4% in the first quarter. Cetera Investment Advisers now owns 3,324,499 shares of the company’s stock valued at $233,313,000 after purchasing an additional 228,446 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 2.8%

NYSEARCA DGRO opened at $80.25 on Friday. iShares Core Dividend Growth ETF has a 12 month low of $67.14 and a 12 month high of $82.90. The stock has a 50-day simple moving average of $78.27 and a 200 day simple moving average of $75.35. The company has a market capitalization of $44.84 billion, a PE ratio of 19.66 and a beta of 0.75.

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.