iShares Core Dividend Growth ETF $DGRO is ProVise Management Group LLC’s Largest Position

ProVise Management Group LLC grew its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,334,864 shares of the company’s stock after acquiring an additional 28,417 shares during the quarter. iShares Core Dividend Growth ETF accounts for 6.7% of ProVise Management Group LLC’s portfolio, making the stock its biggest holding. ProVise Management Group LLC owned about 0.26% of iShares Core Dividend Growth ETF worth $90,878,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Bank of America Corp DE raised its position in shares of iShares Core Dividend Growth ETF by 2.3% in the 2nd quarter. Bank of America Corp DE now owns 18,467,081 shares of the company’s stock worth $1,180,785,000 after purchasing an additional 413,365 shares during the last quarter. Jones Financial Companies Lllp grew its position in iShares Core Dividend Growth ETF by 16.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock valued at $583,076,000 after purchasing an additional 1,211,980 shares during the last quarter. Capital Investment Advisors LLC increased its stake in iShares Core Dividend Growth ETF by 2.0% during the 3rd quarter. Capital Investment Advisors LLC now owns 8,124,381 shares of the company’s stock valued at $553,108,000 after purchasing an additional 163,167 shares in the last quarter. Ameriprise Financial Inc. increased its stake in iShares Core Dividend Growth ETF by 15.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after purchasing an additional 1,080,418 shares in the last quarter. Finally, HighTower Advisors LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 15.7% in the third quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock worth $337,810,000 after buying an additional 673,706 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 0.8%

NYSEARCA:DGRO opened at $71.65 on Monday. The stock has a market cap of $37.41 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84. The company’s 50 day moving average price is $72.09 and its 200-day moving average price is $69.61. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $74.28.

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.