Envestnet Portfolio Solutions Inc. Acquires 94,308 Shares of iShares Core Dividend Growth ETF $DGRO

Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 58.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 255,380 shares of the company’s stock after acquiring an additional 94,308 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core Dividend Growth ETF were worth $16,329,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Proathlete Wealth Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at $25,000. Sound Income Strategies LLC increased its position in shares of iShares Core Dividend Growth ETF by 235.2% in the 1st quarter. Sound Income Strategies LLC now owns 409 shares of the company’s stock valued at $25,000 after buying an additional 287 shares in the last quarter. Rise Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 1st quarter valued at $27,000. Keystone Global Partners LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 2nd quarter valued at $30,000. Finally, JFS Wealth Advisors LLC increased its position in shares of iShares Core Dividend Growth ETF by 60.7% in the 1st quarter. JFS Wealth Advisors LLC now owns 495 shares of the company’s stock valued at $31,000 after buying an additional 187 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 1.0%

DGRO opened at $67.60 on Tuesday. iShares Core Dividend Growth ETF has a 12 month low of $54.09 and a 12 month high of $68.88. The company has a fifty day simple moving average of $67.01 and a 200 day simple moving average of $63.73. The stock has a market cap of $34.19 billion, a P/E ratio of 19.66 and a beta of 0.89.

About iShares Core Dividend Growth ETF

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.