Verus Capital Partners LLC Increases Position in iShares Core Dividend Growth ETF $DGRO

Verus Capital Partners LLC increased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 246,737 shares of the company’s stock after acquiring an additional 14,201 shares during the quarter. iShares Core Dividend Growth ETF makes up 1.2% of Verus Capital Partners LLC’s portfolio, making the stock its 15th biggest position. Verus Capital Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $17,316,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Auto Owners Insurance Co grew its stake in iShares Core Dividend Growth ETF by 9,203.2% during the 4th quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock valued at $332,280,000 after purchasing an additional 47,350,590 shares in the last quarter. Morgan Stanley raised its position in shares of iShares Core Dividend Growth ETF by 1.7% in the 4th quarter. Morgan Stanley now owns 19,366,070 shares of the company’s stock valued at $1,344,393,000 after purchasing an additional 331,748 shares in the last quarter. LPL Financial LLC raised its position 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% during 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 buying an additional 413,365 shares during the last quarter. Finally, Wealthfront Advisers LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 25.1% during the 1st quarter. Wealthfront Advisers LLC now owns 17,425,702 shares of the company’s stock valued at $1,222,936,000 after buying an additional 3,494,469 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.3%

DGRO stock opened at $78.01 on Friday. iShares Core Dividend Growth ETF has a twelve month low of $63.76 and a twelve month high of $79.53. The company has a market capitalization of $42.73 billion, a P/E ratio of 19.66 and a beta of 0.77. The firm has a 50 day simple moving average of $76.19 and a 200-day simple moving average of $73.59.

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.