Bank of New York Mellon Corp Raises Holdings in iShares Core Dividend Growth ETF $DGRO

Bank of New York Mellon Corp increased its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 13.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,099,252 shares of the company’s stock after buying an additional 128,293 shares during the period. Bank of New York Mellon Corp owned 0.22% of iShares Core Dividend Growth ETF worth $70,286,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. First Financial Bankshares Inc grew its holdings in shares of iShares Core Dividend Growth ETF by 4.6% in the first quarter. First Financial Bankshares Inc now owns 3,915 shares of the company’s stock valued at $242,000 after purchasing an additional 173 shares in the last quarter. McKinley Carter Wealth Services Inc. lifted its position in iShares Core Dividend Growth ETF by 0.6% during the second quarter. McKinley Carter Wealth Services Inc. now owns 29,919 shares of the company’s stock valued at $1,913,000 after purchasing an additional 180 shares during the last quarter. PCA Investment Advisory Services Inc. grew its stake in shares of iShares Core Dividend Growth ETF by 1.4% in the 2nd quarter. PCA Investment Advisory Services Inc. now owns 12,991 shares of the company’s stock worth $831,000 after buying an additional 181 shares in the last quarter. Nicolet Advisory Services LLC grew its stake in shares of iShares Core Dividend Growth ETF by 5.4% in the 1st quarter. Nicolet Advisory Services LLC now owns 3,875 shares of the company’s stock worth $222,000 after buying an additional 197 shares in the last quarter. Finally, Beacon Bridge Wealth Partners LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 0.3% in the 1st quarter. Beacon Bridge Wealth Partners LLC now owns 63,901 shares of the company’s stock worth $3,948,000 after buying an additional 198 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.4%

Shares of NYSEARCA:DGRO opened at $67.76 on Monday. The company has a market cap of $34.39 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $69.20. The company has a 50-day moving average price of $67.80 and a 200 day moving average price of $65.07.

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.