First Bancorp Inc ME purchased a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 29,678 shares of the company’s stock, valued at approximately $2,249,000. iShares Core Dividend Growth ETF comprises 0.9% of First Bancorp Inc ME’s investment portfolio, making the stock its 22nd biggest position.
Other institutional investors also recently made changes to their positions in the company. Auto Owners Insurance Co lifted its position in iShares Core Dividend Growth ETF by 9,203.2% during the fourth quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock valued at $332,280,000 after buying an additional 47,350,590 shares in the last quarter. Wealthfront Advisers LLC increased its position in shares of iShares Core Dividend Growth ETF by 25.1% in the first quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock worth $1,222,936,000 after acquiring an additional 3,494,469 shares in the last quarter. Royal Bank of Canada raised its stake in shares of iShares Core Dividend Growth ETF by 24.0% in the 4th quarter. Royal Bank of Canada now owns 8,137,125 shares of the company’s stock valued at $564,879,000 after acquiring an additional 1,576,241 shares during the period. Quotient Wealth Partners LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the 1st quarter valued at $85,806,000. Finally, SHP Wealth Management acquired a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at $84,235,000.
iShares Core Dividend Growth ETF Trading Down 0.1%
Shares of NYSEARCA DGRO opened at $79.84 on Wednesday. iShares Core Dividend Growth ETF has a 12-month low of $66.19 and a 12-month high of $80.58. The company has a market cap of $43.75 billion, a P/E ratio of 19.66 and a beta of 0.76. The stock has a fifty day moving average price of $77.68 and a 200 day moving average price of $74.55.
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.
Recommended Stories
- Five stocks we like better than iShares Core Dividend Growth ETF
- Pathward’s Credit Scare Tests Its Comeback Story
- Wiring the AI Boom: Rumble’s $13.7B Pivot
- StoneX: Too Far Too Fast?
- DICK’s Sporting Goods Faces Pain Now for a Bigger Prize
Want to see what other hedge funds are holding DGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report).
Receive News & Ratings for iShares Core Dividend Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core Dividend Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
