Capital Investment Advisors LLC Buys 8,567,779 Shares of iShares Core Dividend Growth ETF $DGRO

Capital Investment Advisors LLC bought a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report) in the 3rd quarter, Holdings Channel.com reports. The fund bought 8,567,779 shares of the company’s stock, valued at approximately $645,925,000. iShares Core Dividend Growth ETF comprises approximately 8.0% of Capital Investment Advisors LLC’s investment portfolio, making the stock its biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealthfront Advisers LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 25.1% during the 1st 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 during the period. Envestnet Asset Management Inc. boosted its stake in iShares Core Dividend Growth ETF by 4.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,099,887 shares of the company’s stock valued at $841,260,000 after buying an additional 472,809 shares in the last quarter. Royal Bank of Canada raised its stake in iShares Core Dividend Growth ETF by 1.2% during the first quarter. Royal Bank of Canada now owns 8,230,843 shares of the company’s stock worth $577,641,000 after acquiring an additional 93,718 shares in the last quarter. Cetera Investment Advisers lifted its holdings in iShares Core Dividend Growth ETF by 7.4% during the 1st quarter. Cetera Investment Advisers now owns 3,324,499 shares of the company’s stock valued at $233,313,000 after purchasing an additional 228,446 shares during the last quarter. Finally, Avior Wealth Management LLC bought a new stake in iShares Core Dividend Growth ETF during the third quarter worth about $163,214,000.

iShares Core Dividend Growth ETF Stock Down 0.8%

Shares of DGRO opened at $79.65 on Friday. The firm has a market capitalization of $44.40 billion, a PE ratio of 19.66 and a beta of 0.76. iShares Core Dividend Growth ETF has a 12-month low of $67.14 and a 12-month high of $80.58. The stock’s fifty day simple moving average is $78.06 and its 200-day simple moving average is $76.32.

iShares Core Dividend Growth ETF Company Profile

(Free Report)

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.

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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).

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