Mirae Asset Global Investments Co. Ltd. Purchases 30,000 Shares of iShares Core Dividend Growth ETF $DGRO

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 30,000 shares of the company’s stock, valued at approximately $2,262,000.

Other large investors have also added to or reduced their stakes in the company. Capital Investment Advisors LLC bought a new stake in iShares Core Dividend Growth ETF during the third quarter valued at $645,925,000. Wealthfront Advisers LLC lifted its stake in 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 worth $1,222,936,000 after purchasing an additional 3,494,469 shares during the last quarter. Avior Wealth Management LLC bought a new stake in iShares Core Dividend Growth ETF during the third quarter worth about $163,214,000. Ledyard National Bank bought a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at about $92,301,000. Finally, Fifth Third Bancorp increased its position in shares of iShares Core Dividend Growth ETF by 4,352.0% during the 1st quarter. Fifth Third Bancorp now owns 756,216 shares of the company’s stock valued at $53,071,000 after purchasing an additional 739,230 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO opened at $79.80 on Friday. The firm has a market cap of $44.59 billion, a P/E ratio of 19.66 and a beta of 0.75. The stock has a 50 day simple moving average of $78.28 and a two-hundred day simple moving average of $75.39. iShares Core Dividend Growth ETF has a 1 year low of $67.14 and a 1 year high of $82.90.

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.