MAI Capital Management Boosts Holdings in iShares Core Dividend Growth ETF $DGRO

MAI Capital Management boosted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 11.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 285,905 shares of the company’s stock after buying an additional 29,642 shares during the quarter. MAI Capital Management owned approximately 0.06% of iShares Core Dividend Growth ETF worth $19,464,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. RWA Wealth Partners LLC increased its stake in shares of iShares Core Dividend Growth ETF by 5.5% in the 3rd quarter. RWA Wealth Partners LLC now owns 23,373 shares of the company’s stock worth $1,591,000 after purchasing an additional 1,224 shares in the last quarter. Colonial Trust Advisors grew its holdings in iShares Core Dividend Growth ETF by 7.0% during the third quarter. Colonial Trust Advisors now owns 279,292 shares of the company’s stock valued at $19,014,000 after purchasing an additional 18,289 shares during the period. Colonial Trust Co SC grew its holdings in iShares Core Dividend Growth ETF by 2.1% during the third quarter. Colonial Trust Co SC now owns 161,911 shares of the company’s stock valued at $11,023,000 after purchasing an additional 3,382 shares during the period. First Heartland Consultants Inc. increased its position in iShares Core Dividend Growth ETF by 1.8% in the third quarter. First Heartland Consultants Inc. now owns 23,110 shares of the company’s stock worth $1,573,000 after buying an additional 404 shares in the last quarter. Finally, Compound Planning Inc. increased its position in iShares Core Dividend Growth ETF by 1.4% in the third quarter. Compound Planning Inc. now owns 29,148 shares of the company’s stock worth $1,984,000 after buying an additional 400 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.2%

NYSEARCA DGRO opened at $73.68 on Thursday. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $74.28. The company has a market capitalization of $38.47 billion, a P/E ratio of 19.66 and a beta of 0.84. The stock’s 50-day moving average price is $71.64 and its 200-day moving average price is $69.24.

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.