Harbor Investment Advisory LLC Boosts Stake in iShares Core Dividend Growth ETF $DGRO

Harbor Investment Advisory LLC lifted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 20.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 95,130 shares of the company’s stock after purchasing an additional 16,036 shares during the quarter. Harbor Investment Advisory LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,676,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Auto Owners Insurance Co increased its position in iShares Core Dividend Growth ETF by 9,203.2% during the fourth quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock worth $332,280,000 after buying an additional 47,350,590 shares during the period. Royal Bank of Canada lifted its stake in iShares Core Dividend Growth ETF by 24.0% in the fourth quarter. Royal Bank of Canada now owns 8,137,125 shares of the company’s stock valued at $564,879,000 after buying an additional 1,576,241 shares during the last quarter. Quotient Wealth Partners LLC purchased a new stake in iShares Core Dividend Growth ETF in the first quarter valued at approximately $85,806,000. SHP Wealth Management acquired a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $84,235,000. Finally, Ameriprise Financial Inc. boosted its holdings in shares of iShares Core Dividend Growth ETF by 15.8% in the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after acquiring an additional 1,080,418 shares during the period.

iShares Core Dividend Growth ETF Trading Down 0.2%

Shares of DGRO opened at $75.79 on Wednesday. The firm has a market cap of $40.79 billion, a PE ratio of 19.66 and a beta of 0.77. The company’s 50 day simple moving average is $74.34 and its 200-day simple moving average is $72.42. iShares Core Dividend Growth ETF has a 12-month low of $63.76 and a 12-month high of $76.24.

iShares Core Dividend Growth ETF 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.