Sunbelt Securities Inc. Increases Position in iShares Core Dividend Growth ETF $DGRO

Sunbelt Securities Inc. grew its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 39.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 113,597 shares of the company’s stock after acquiring an additional 32,083 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares Core Dividend Growth ETF were worth $7,734,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE lifted its stake in shares of iShares Core Dividend Growth ETF by 1.1% during the 3rd quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock worth $1,270,529,000 after purchasing an additional 195,211 shares during the last quarter. Raymond James Financial Inc. grew its stake in iShares Core Dividend Growth ETF by 4.6% in the third quarter. Raymond James Financial Inc. now owns 10,467,035 shares of the company’s stock valued at $712,596,000 after purchasing an additional 457,568 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in iShares Core Dividend Growth ETF by 16.4% in the third quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock worth $583,076,000 after purchasing an additional 1,211,980 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in iShares Core Dividend Growth ETF by 2.0% in the third quarter. Capital Investment Advisors LLC now owns 8,124,381 shares of the company’s stock worth $553,108,000 after purchasing an additional 163,167 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares Core Dividend Growth ETF by 15.8% during the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after buying an additional 1,080,418 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO opened at $70.72 on Wednesday. iShares Core Dividend Growth ETF has a fifty-two week low of $54.09 and a fifty-two week high of $74.28. The stock has a market capitalization of $36.92 billion, a P/E ratio of 19.66 and a beta of 0.84. The company’s 50-day simple moving average is $72.25 and its 200-day simple moving average is $69.83.

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.