Investment Partners Asset Management Inc. Purchases 1,078 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Investment Partners Asset Management Inc. increased its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 10.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 10,931 shares of the company’s stock after buying an additional 1,078 shares during the quarter. Investment Partners Asset Management Inc.’s holdings in iShares Core Dividend Growth ETF were worth $675,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Raymond James Financial Inc. purchased a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at about $616,824,000. GAMMA Investing LLC raised its stake in iShares Core Dividend Growth ETF by 6,536.2% during the 1st quarter. GAMMA Investing LLC now owns 3,745,460 shares of the company’s stock valued at $231,395,000 after purchasing an additional 3,689,020 shares during the period. LPL Financial LLC lifted its holdings in iShares Core Dividend Growth ETF by 10.4% in the 4th quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock worth $905,150,000 after purchasing an additional 1,392,383 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in iShares Core Dividend Growth ETF by 36.6% in the 4th quarter. Jones Financial Companies Lllp now owns 4,224,958 shares of the company’s stock worth $259,159,000 after purchasing an additional 1,132,527 shares during the period. Finally, Wells Fargo & Company MN grew its holdings in iShares Core Dividend Growth ETF by 17.7% during the 4th quarter. Wells Fargo & Company MN now owns 6,198,943 shares of the company’s stock valued at $380,243,000 after buying an additional 932,713 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

iShares Core Dividend Growth ETF stock opened at $63.13 on Wednesday. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $65.08. The firm’s 50 day moving average price is $60.24 and its 200-day moving average price is $61.86. The stock has a market cap of $31.51 billion, a P/E ratio of 20.47 and a beta of 0.85.

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.