MAI Capital Management Has $16.22 Million Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

MAI Capital Management raised its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 258,766 shares of the company’s stock after acquiring an additional 1,099 shares during the period. MAI Capital Management owned approximately 0.05% of iShares Core Dividend Growth ETF worth $16,222,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Cetera Investment Advisers increased its holdings in shares of iShares Core Dividend Growth ETF by 319.5% in the first quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock worth $111,616,000 after acquiring an additional 1,464,167 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in iShares Core Dividend Growth ETF by 1,953.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock worth $741,000 after buying an additional 1,223,349 shares during the period. LPL Financial LLC raised its holdings in iShares Core Dividend Growth ETF by 8.8% during the 2nd quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock worth $746,096,000 after buying an additional 1,047,837 shares during the period. Sanctuary Advisors LLC bought a new position in iShares Core Dividend Growth ETF in the second quarter valued at approximately $45,148,000. Finally, Smith Anglin Financial LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 78.4% in the third quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock valued at $84,424,000 after buying an additional 591,701 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.4 %

DGRO stock opened at $63.24 on Tuesday. The stock has a 50-day moving average price of $62.75 and a two-hundred day moving average price of $60.18. iShares Core Dividend Growth ETF has a 1 year low of $50.76 and a 1 year high of $64.52. The stock has a market cap of $29.94 billion, a PE ratio of 19.25 and a beta of 0.71.

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.