Guardian Capital LLC Invests $711,000 in iShares Core Dividend Growth ETF $DGRO

Guardian Capital LLC bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,235 shares of the company’s stock, valued at approximately $711,000.

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

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $73.36 on Friday. The stock’s fifty day moving average is $71.67 and its 200-day moving average is $70.97. The stock has a market capitalization of $39.48 billion, a PE ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 52 week low of $60.73 and a 52 week high of $74.28.

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.