Trust Co. of Vermont Purchases Shares of 9,138 iShares Core Dividend Growth ETF $DGRO

Trust Co. of Vermont acquired a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 9,138 shares of the company’s stock, valued at approximately $693,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Auto Owners Insurance Co boosted its holdings in shares of 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 purchasing an additional 47,350,590 shares during the period. Wealthfront Advisers LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 25.1% during the first quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock valued at $1,222,936,000 after acquiring an additional 3,494,469 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of iShares Core Dividend Growth ETF by 24.0% during the fourth quarter. Royal Bank of Canada now owns 8,137,125 shares of the company’s stock valued at $564,879,000 after acquiring an additional 1,576,241 shares in the last quarter. Quotient Wealth Partners LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the 1st quarter worth about $85,806,000. Finally, SHP Wealth Management purchased a new stake in iShares Core Dividend Growth ETF in the fourth quarter worth about $84,235,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO opened at $79.68 on Wednesday. The firm has a market capitalization of $43.66 billion, a P/E ratio of 19.66 and a beta of 0.76. The stock has a 50 day moving average price of $77.25 and a 200-day moving average price of $74.29. iShares Core Dividend Growth ETF has a 52-week low of $65.98 and a 52-week high of $80.29.

About iShares Core Dividend Growth ETF

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.