Stephens Inc. AR Purchases 9,331 Shares of iShares Core Dividend Growth ETF $DGRO

Stephens Inc. AR increased its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 165,488 shares of the company’s stock after acquiring an additional 9,331 shares during the period. Stephens Inc. AR’s holdings in iShares Core Dividend Growth ETF were worth $11,614,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DGRO. GM Advisory Group LLC boosted its stake in iShares Core Dividend Growth ETF by 72.0% during the 1st quarter. GM Advisory Group LLC now owns 13,255 shares of the company’s stock valued at $930,000 after purchasing an additional 5,550 shares during the last quarter. Walkner Condon Financial Advisors LLC raised its stake in shares of iShares Core Dividend Growth ETF by 4.1% in the first quarter. Walkner Condon Financial Advisors LLC now owns 12,157 shares of the company’s stock worth $853,000 after purchasing an additional 474 shares during the last quarter. NBT Bank N A NY bought a new position in shares of iShares Core Dividend Growth ETF during the first quarter valued at $83,000. Howe & Rusling Inc. lifted its holdings in shares of iShares Core Dividend Growth ETF by 15.8% during the first quarter. Howe & Rusling Inc. now owns 61,940 shares of the company’s stock valued at $4,347,000 after purchasing an additional 8,457 shares in the last quarter. Finally, Koshinski Asset Management Inc. boosted its position in shares of iShares Core Dividend Growth ETF by 19.4% during the first quarter. Koshinski Asset Management Inc. now owns 18,012 shares of the company’s stock valued at $1,264,000 after buying an additional 2,929 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA DGRO traded up $0.61 during trading hours on Tuesday, hitting $77.88. The company’s stock had a trading volume of 360,155 shares, compared to its average volume of 2,104,517. iShares Core Dividend Growth ETF has a 12 month low of $63.76 and a 12 month high of $78.06. The company’s 50 day simple moving average is $74.66 and its two-hundred day simple moving average is $72.61. The company has a market cap of $42.37 billion, a P/E ratio of 19.66 and a beta of 0.77.

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.