Benjamin Edwards Inc. Has $4.85 Million Position in iShares Core Dividend Growth ETF $DGRO

Benjamin Edwards Inc. boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 28.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,901 shares of the company’s stock after purchasing an additional 15,608 shares during the period. Benjamin Edwards Inc.’s holdings in iShares Core Dividend Growth ETF were worth $4,853,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of iShares Core Dividend Growth ETF by 1.1% in the third quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock valued at $1,270,529,000 after buying an additional 195,211 shares during the period. Wealthfront Advisers LLC increased its stake in shares of iShares Core Dividend Growth ETF by 4.7% in the fourth quarter. Wealthfront Advisers LLC now owns 13,931,233 shares of the company’s stock valued at $967,106,000 after buying an additional 628,342 shares during the period. Raymond James Financial Inc. increased its stake in shares of iShares Core Dividend Growth ETF by 4.6% in the third quarter. Raymond James Financial Inc. now owns 10,467,035 shares of the company’s stock valued at $712,596,000 after buying an additional 457,568 shares during the period. Jones Financial Companies Lllp increased its stake in shares of iShares Core Dividend Growth ETF by 16.4% in the third quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock valued at $583,076,000 after buying an additional 1,211,980 shares during the period. Finally, Capital Investment Advisors LLC increased its stake in shares of iShares Core Dividend Growth ETF by 2.7% in the fourth quarter. Capital Investment Advisors LLC now owns 8,339,921 shares of the company’s stock valued at $578,957,000 after buying an additional 215,540 shares during the period.

iShares Core Dividend Growth ETF Trading Down 0.8%

Shares of DGRO stock opened at $72.86 on Tuesday. The stock has a market cap of $39.21 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. The stock has a 50-day moving average of $71.71 and a 200-day moving average of $70.66. iShares Core Dividend Growth ETF has a 1-year low of $59.94 and a 1-year 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.