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

LM Advisors LLC boosted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 11.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,684 shares of the company’s stock after purchasing an additional 488 shares during the quarter. LM Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $287,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Cerity Partners LLC increased its stake in shares of iShares Core Dividend Growth ETF by 46.2% in the third quarter. Cerity Partners LLC now owns 76,616 shares of the company’s stock worth $4,803,000 after buying an additional 24,209 shares during the last quarter. Fisher Asset Management LLC bought a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at $208,000. Truvestments Capital LLC acquired a new position in iShares Core Dividend Growth ETF during the 3rd quarter worth $28,000. Bank of Montreal Can increased its position in shares of iShares Core Dividend Growth ETF by 17.5% in the 3rd quarter. Bank of Montreal Can now owns 31,832 shares of the company’s stock worth $1,986,000 after purchasing an additional 4,747 shares during the last quarter. Finally, Glenmede Trust Co. NA raised its stake in shares of iShares Core Dividend Growth ETF by 48.9% in the 3rd quarter. Glenmede Trust Co. NA now owns 13,098 shares of the company’s stock valued at $821,000 after purchasing an additional 4,300 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $61.87 on Friday. The stock has a market capitalization of $30.32 billion, a price-to-earnings ratio of 21.26 and a beta of 0.89. iShares Core Dividend Growth ETF has a one year low of $55.08 and a one year high of $65.08. The company’s 50-day simple moving average is $63.00 and its 200-day simple moving average is $62.80.

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.