Fifth Third Bancorp Acquires 739,230 Shares of iShares Core Dividend Growth ETF $DGRO

Fifth Third Bancorp increased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4,352.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 756,216 shares of the company’s stock after purchasing an additional 739,230 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Core Dividend Growth ETF were worth $53,071,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in DGRO. Auto Owners Insurance Co lifted its position in iShares Core Dividend Growth ETF by 9,203.2% during the 4th quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock worth $332,280,000 after buying an additional 47,350,590 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of iShares Core Dividend Growth ETF by 24.0% in the 4th quarter. Royal Bank of Canada now owns 8,137,125 shares of the company’s stock valued at $564,879,000 after acquiring an additional 1,576,241 shares in the last quarter. Quotient Wealth Partners LLC bought a new position in shares of iShares Core Dividend Growth ETF in the 1st quarter valued at about $85,806,000. SHP Wealth Management bought a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at about $84,235,000. Finally, Ameriprise Financial Inc. increased its position in shares of iShares Core Dividend Growth ETF by 15.8% in the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after acquiring an additional 1,080,418 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

DGRO opened at $77.06 on Monday. iShares Core Dividend Growth ETF has a 52-week low of $63.76 and a 52-week high of $78.06. The firm has a market capitalization of $42.02 billion, a PE ratio of 19.66 and a beta of 0.77. The business’s 50-day simple moving average is $75.01 and its 200 day simple moving average is $72.83.

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.