ProVise Management Group LLC Acquires 44,409 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

ProVise Management Group LLC lifted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 724,890 shares of the company’s stock after purchasing an additional 44,409 shares during the quarter. iShares Core Dividend Growth ETF accounts for about 3.3% of ProVise Management Group LLC’s portfolio, making the stock its biggest position. ProVise Management Group LLC owned about 0.16% of iShares Core Dividend Growth ETF worth $39,014,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. LPL Financial LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 5.1% during the third quarter. LPL Financial LLC now owns 10,626,839 shares of the company’s stock worth $526,347,000 after buying an additional 511,407 shares in the last quarter. Capital Investment Advisors LLC grew its holdings in shares of iShares Core Dividend Growth ETF by 2.7% during the fourth quarter. Capital Investment Advisors LLC now owns 7,024,881 shares of the company’s stock worth $378,079,000 after buying an additional 183,410 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of iShares Core Dividend Growth ETF by 5.3% during the third quarter. Royal Bank of Canada now owns 5,601,527 shares of the company’s stock worth $277,444,000 after buying an additional 280,775 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of iShares Core Dividend Growth ETF by 11.0% during the fourth quarter. Wells Fargo & Company MN now owns 5,252,724 shares of the company’s stock worth $282,702,000 after buying an additional 518,671 shares in the last quarter. Finally, UBS Group AG grew its holdings in shares of iShares Core Dividend Growth ETF by 0.4% during the third quarter. UBS Group AG now owns 5,100,464 shares of the company’s stock worth $252,626,000 after buying an additional 18,497 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO stock traded up $0.14 during mid-day trading on Friday, reaching $57.62. The company had a trading volume of 1,733,477 shares, compared to its average volume of 1,544,310. The stock has a 50 day simple moving average of $57.02 and a two-hundred day simple moving average of $54.89. The company has a market capitalization of $27.28 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $58.61.

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.