Mill Creek Capital Advisors LLC Raises Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Mill Creek Capital Advisors LLC boosted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.2% in the fourth quarter, HoldingsChannel reports. The firm owned 122,091 shares of the company’s stock after purchasing an additional 237 shares during the period. Mill Creek Capital Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $7,489,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC increased its position in iShares Core Dividend Growth ETF by 3.2% in the 3rd quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after acquiring an additional 413,083 shares during the period. PNC Financial Services Group Inc. increased its position in iShares Core Dividend Growth ETF by 1.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 7,842,422 shares of the company’s stock valued at $491,641,000 after acquiring an additional 108,051 shares during the period. Capital Investment Advisors LLC increased its position in iShares Core Dividend Growth ETF by 2.5% in the 4th quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock valued at $459,778,000 after acquiring an additional 180,448 shares during the period. MML Investors Services LLC increased its position in iShares Core Dividend Growth ETF by 20.4% in the 3rd quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock valued at $238,032,000 after acquiring an additional 644,193 shares during the period. Finally, JPMorgan Chase & Co. increased its position in iShares Core Dividend Growth ETF by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,304,969 shares of the company’s stock valued at $207,189,000 after acquiring an additional 130,763 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $63.55 on Tuesday. The stock has a fifty day moving average price of $62.56 and a two-hundred day moving average price of $62.24. The firm has a market cap of $30.09 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1 year low of $54.31 and a 1 year high of $65.08.

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.