Tradewinds LLC. Purchases New Position in iShares Core Dividend Growth ETF $DGRO

Tradewinds LLC. purchased a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 26,316 shares of the company’s stock, valued at approximately $1,683,000. iShares Core Dividend Growth ETF accounts for about 1.3% of Tradewinds LLC.’s portfolio, making the stock its 25th biggest position.

A number of other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its position in shares of iShares Core Dividend Growth ETF by 42.4% in the second quarter. Envestnet Asset Management Inc. now owns 13,535,976 shares of the company’s stock valued at $865,424,000 after purchasing an additional 4,028,341 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in iShares Core Dividend Growth ETF in the 2nd quarter valued at $175,229,000. Jones Financial Companies Lllp grew its holdings in iShares Core Dividend Growth ETF by 38.2% in the 1st quarter. Jones Financial Companies Lllp now owns 5,837,667 shares of the company’s stock valued at $356,986,000 after buying an additional 1,612,709 shares in the last quarter. LPL Financial LLC increased its position in iShares Core Dividend Growth ETF by 6.4% during the 1st quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock worth $969,797,000 after buying an additional 941,311 shares during the period. Finally, Horizon Investments LLC boosted its position in shares of iShares Core Dividend Growth ETF by 473,952.3% in the first quarter. Horizon Investments LLC now owns 507,236 shares of the company’s stock valued at $31,337,000 after acquiring an additional 507,129 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $68.25 on Friday. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $69.20. The company has a market capitalization of $34.62 billion, a PE ratio of 19.66 and a beta of 0.84. The company’s 50-day simple moving average is $67.70 and its 200 day simple moving average is $64.59.

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.