iShares Core Dividend Growth ETF (NYSEARCA:DGRO) is American Trust’s 2nd Largest Position

American Trust raised its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,431,025 shares of the company’s stock after purchasing an additional 90,887 shares during the quarter. iShares Core Dividend Growth ETF accounts for 7.4% of American Trust’s portfolio, making the stock its 2nd largest position. American Trust’s holdings in iShares Core Dividend Growth ETF were worth $89,711,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Adell Harriman & Carpenter Inc. lifted its position in iShares Core Dividend Growth ETF by 1.6% during the third quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock valued at $665,000 after purchasing an additional 170 shares during the period. Empire Financial Management Company LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 2.7% in the 3rd quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock valued at $405,000 after buying an additional 171 shares during the period. GSG Advisors LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 0.5% in the third quarter. GSG Advisors LLC now owns 35,815 shares of the company’s stock worth $2,238,000 after buying an additional 186 shares during the last quarter. Alta Wealth Advisors LLC grew its holdings in iShares Core Dividend Growth ETF by 2.6% during the third quarter. Alta Wealth Advisors LLC now owns 7,693 shares of the company’s stock worth $482,000 after acquiring an additional 194 shares during the period. Finally, HHM Wealth Advisors LLC raised its position in iShares Core Dividend Growth ETF by 5.7% during the second quarter. HHM Wealth Advisors LLC now owns 3,730 shares of the company’s stock valued at $215,000 after acquiring an additional 200 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

DGRO opened at $63.16 on Friday. The stock has a market capitalization of $29.90 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company has a fifty day moving average of $63.45 and a two-hundred day moving average of $60.93. iShares Core Dividend Growth ETF has a fifty-two week low of $52.50 and a fifty-two week high of $65.08.

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.