Patriot Financial Group Insurance Agency LLC Buys 31,358 Shares of iShares Core Dividend Growth ETF $DGRO

Patriot Financial Group Insurance Agency LLC lifted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 101.5% during the first quarter, HoldingsChannel.com reports. The fund owned 62,248 shares of the company’s stock after purchasing an additional 31,358 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,369,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Janney Montgomery Scott LLC grew its holdings in iShares Core Dividend Growth ETF by 2.9% during the first quarter. Janney Montgomery Scott LLC now owns 558,516 shares of the company’s stock valued at $39,197,000 after purchasing an additional 15,519 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its stake in iShares Core Dividend Growth ETF by 1.1% in the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 17,441 shares of the company’s stock valued at $1,224,000 after purchasing an additional 185 shares in the last quarter. HF Advisory Group LLC raised its holdings in iShares Core Dividend Growth ETF by 3.3% in the first quarter. HF Advisory Group LLC now owns 130,852 shares of the company’s stock worth $9,183,000 after purchasing an additional 4,197 shares during the period. Powers Advisory Group LLC raised its holdings in iShares Core Dividend Growth ETF by 9.3% in the first quarter. Powers Advisory Group LLC now owns 295,478 shares of the company’s stock worth $20,737,000 after purchasing an additional 25,226 shares during the period. Finally, Wealth Effects LLC raised its holdings in iShares Core Dividend Growth ETF by 5.2% in the first quarter. Wealth Effects LLC now owns 8,899 shares of the company’s stock worth $625,000 after purchasing an additional 436 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO opened at $75.80 on Monday. iShares Core Dividend Growth ETF has a twelve month low of $63.36 and a twelve month high of $76.24. The stock has a market cap of $40.79 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. The company’s fifty day moving average is $74.22 and its 200-day moving average is $72.33.

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.