Greenleaf Trust Buys Shares of 6,775 iShares Core Dividend Growth ETF $DGRO

Greenleaf Trust purchased a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 6,775 shares of the company’s stock, valued at approximately $513,000.

A number of other institutional investors also recently modified their holdings of DGRO. Auto Owners Insurance Co grew its position in iShares Core Dividend Growth ETF by 9,203.2% in the fourth quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock valued at $332,280,000 after acquiring an additional 47,350,590 shares during the last quarter. Morgan Stanley lifted its holdings in shares of iShares Core Dividend Growth ETF by 1.7% in the fourth quarter. Morgan Stanley now owns 19,366,070 shares of the company’s stock worth $1,344,393,000 after acquiring an additional 331,748 shares during the last quarter. LPL Financial LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 3.3% in the 4th quarter. LPL Financial LLC now owns 18,763,346 shares of the company’s stock valued at $1,302,551,000 after purchasing an additional 595,710 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of iShares Core Dividend Growth ETF by 2.3% in the 2nd quarter. Bank of America Corp DE now owns 18,467,081 shares of the company’s stock valued at $1,180,785,000 after purchasing an additional 413,365 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 25.1% in the 1st quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock valued at $1,222,936,000 after purchasing an additional 3,494,469 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.2%

Shares of iShares Core Dividend Growth ETF stock opened at $78.89 on Wednesday. The firm’s 50 day moving average is $78.11 and its 200 day moving average is $74.75. The firm has a market capitalization of $43.23 billion, a PE ratio of 19.66 and a beta of 0.76. iShares Core Dividend Growth ETF has a 1 year low of $66.19 and a 1 year high of $80.58.

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.