Foundations Investment Advisors LLC Boosts Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Foundations Investment Advisors LLC grew its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Get Rating) by 13.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 430,293 shares of the company’s stock after buying an additional 50,836 shares during the period. iShares Core Dividend Growth ETF accounts for 0.9% of Foundations Investment Advisors LLC’s holdings, making the stock its 19th biggest position. Foundations Investment Advisors LLC owned 0.09% of iShares Core Dividend Growth ETF worth $21,515,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Blair William & Co. IL grew its position in shares of iShares Core Dividend Growth ETF by 20.6% in the first quarter. Blair William & Co. IL now owns 27,260 shares of the company’s stock valued at $1,456,000 after purchasing an additional 4,648 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the 1st quarter valued at approximately $487,000. Baird Financial Group Inc. grew its holdings in shares of iShares Core Dividend Growth ETF by 6.6% in the first quarter. Baird Financial Group Inc. now owns 946,582 shares of the company’s stock valued at $50,557,000 after purchasing an additional 58,729 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of iShares Core Dividend Growth ETF by 6.9% in the first quarter. Brown Brothers Harriman & Co. now owns 9,617 shares of the company’s stock valued at $514,000 after purchasing an additional 617 shares in the last quarter. Finally, High Net Worth Advisory Group LLC grew its holdings in iShares Core Dividend Growth ETF by 35.4% during the 1st quarter. High Net Worth Advisory Group LLC now owns 17,200 shares of the company’s stock worth $919,000 after acquiring an additional 4,500 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Down 1.5 %

NYSEARCA DGRO traded down $0.71 on Friday, hitting $48.13. 1,736,820 shares of the stock were exchanged, compared to its average volume of 2,711,546. The company has a market cap of $22.57 billion, a PE ratio of 15.16 and a beta of 0.91. iShares Core Dividend Growth ETF has a fifty-two week low of $43.67 and a fifty-two week high of $54.55. The company has a 50-day moving average price of $50.53 and a 200-day moving average price of $49.45.

iShares Core Dividend Growth ETF Company Profile

(Get Rating)

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.