Ledyard National Bank Buys New Shares in iShares Core Dividend Growth ETF $DGRO

Ledyard National Bank bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,224,316 shares of the company’s stock, valued at approximately $92,301,000. iShares Core Dividend Growth ETF accounts for about 7.2% of Ledyard National Bank’s investment portfolio, making the stock its biggest holding. Ledyard National Bank owned about 0.22% of iShares Core Dividend Growth ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. MBM Wealth Consultants LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 1st quarter worth about $27,000. Financial Freedom LLC acquired a new stake in iShares Core Dividend Growth ETF during the 1st quarter worth approximately $35,000. IAG Wealth Partners LLC raised its holdings in iShares Core Dividend Growth ETF by 100.7% in the first quarter. IAG Wealth Partners LLC now owns 592 shares of the company’s stock valued at $42,000 after buying an additional 297 shares during the period. Tompkins Financial Corp purchased a new position in iShares Core Dividend Growth ETF in the third quarter valued at approximately $50,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in iShares Core Dividend Growth ETF in the third quarter valued at approximately $51,000.

iShares Core Dividend Growth ETF Stock Up 1.2%

Shares of DGRO stock opened at $80.29 on Friday. The stock has a market cap of $44.76 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76. iShares Core Dividend Growth ETF has a fifty-two week low of $67.14 and a fifty-two week high of $80.58. The firm’s 50 day moving average price is $78.07 and its two-hundred day moving average price is $76.29.

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.