Renaissance Technologies LLC Has $6.92 Million Stock Position in iShares Core Dividend Growth ETF $DGRO

Renaissance Technologies LLC raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 206.2% in the first quarter, Holdings Channel.com reports. The firm owned 98,600 shares of the company’s stock after acquiring an additional 66,400 shares during the period. Renaissance Technologies LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,920,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of DGRO. Brighton Jones LLC raised its position in shares of iShares Core Dividend Growth ETF by 52.5% during the fourth quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock valued at $411,000 after buying an additional 2,304 shares during the last quarter. AQR Capital Management LLC grew its position in iShares Core Dividend Growth ETF by 95.4% during the first quarter. AQR Capital Management LLC now owns 13,842 shares of the company’s stock worth $855,000 after buying an additional 6,758 shares in the last quarter. Russell Investments Group Ltd. grew its position in iShares Core Dividend Growth ETF by 114.6% during the second quarter. Russell Investments Group Ltd. now owns 1,204 shares of the company’s stock worth $77,000 after buying an additional 643 shares in the last quarter. Glenview Trust co increased its stake in iShares Core Dividend Growth ETF by 7.2% during the second quarter. Glenview Trust co now owns 9,516 shares of the company’s stock valued at $608,000 after acquiring an additional 637 shares during the period. Finally, Main Street Financial Solutions LLC increased its stake in iShares Core Dividend Growth ETF by 2.6% during the second quarter. Main Street Financial Solutions LLC now owns 12,191 shares of the company’s stock valued at $779,000 after acquiring an additional 305 shares during the period.

iShares Core Dividend Growth ETF Trading Up 1.1%

Shares of DGRO stock opened at $79.13 on Wednesday. iShares Core Dividend Growth ETF has a 12 month low of $64.55 and a 12 month high of $79.53. The company has a market capitalization of $43.36 billion, a P/E ratio of 19.66 and a beta of 0.76. The stock has a 50 day moving average of $76.35 and a two-hundred day moving average of $73.71.

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.