Argent Advisors Inc. Increases Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Argent Advisors Inc. lifted its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 184,632 shares of the company’s stock after purchasing an additional 7,579 shares during the quarter. iShares Core Dividend Growth ETF accounts for about 4.2% of Argent Advisors Inc.’s portfolio, making the stock its 6th largest position. Argent Advisors Inc.’s holdings in iShares Core Dividend Growth ETF were worth $11,325,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $616,824,000. Strategic Financial Concepts LLC grew its holdings in iShares Core Dividend Growth ETF by 5,922.8% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,334,049 shares of the company’s stock worth $81,831,000 after acquiring an additional 1,311,899 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in iShares Core Dividend Growth ETF by 36.6% during the 4th quarter. Jones Financial Companies Lllp now owns 4,224,958 shares of the company’s stock worth $259,159,000 after acquiring an additional 1,132,527 shares during the last quarter. Stonebridge Financial Group LLC bought a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $44,389,000. Finally, Commonwealth Equity Services LLC grew its holdings in iShares Core Dividend Growth ETF by 9.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,766,539 shares of the company’s stock worth $476,399,000 after acquiring an additional 673,044 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO opened at $62.18 on Tuesday. iShares Core Dividend Growth ETF has a fifty-two week low of $55.08 and a fifty-two week high of $65.08. The firm has a market capitalization of $30.47 billion, a price-to-earnings ratio of 21.26 and a beta of 0.89. The company’s 50 day moving average price is $62.92 and its two-hundred day moving average price is $62.79.

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.