Mayflower Financial Advisors LLC Purchases 1,378 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Mayflower Financial Advisors LLC lifted its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.4% during the fourth quarter, HoldingsChannel reports. The firm owned 22,822 shares of the company’s stock after buying an additional 1,378 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,400,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DGRO. Sanctuary Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF during the second quarter worth $45,148,000. MML Investors Services LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 20.4% during the third quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after acquiring an additional 644,193 shares during the period. Smith Anglin Financial LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 78.4% during the third quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock worth $84,424,000 after acquiring an additional 591,701 shares during the period. LPL Financial LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 3.2% during the third quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock worth $837,783,000 after acquiring an additional 413,083 shares during the period. Finally, Summit Investment Advisory Services LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth $23,432,000.

iShares Core Dividend Growth ETF Stock Down 0.6 %

Shares of NYSEARCA:DGRO opened at $63.22 on Wednesday. iShares Core Dividend Growth ETF has a 12 month low of $54.31 and a 12 month high of $65.08. The company’s fifty day simple moving average is $62.72 and its 200 day simple moving average is $61.99. The firm has a market cap of $29.93 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

iShares Core Dividend Growth ETF Company 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.