iShares Core Dividend Growth ETF $DGRO Stock Position Increased by American Trust

American Trust lifted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 44.5% during the 2nd quarter, Holdings Channel reports. The firm owned 917,657 shares of the company’s stock after buying an additional 282,505 shares during the period. iShares Core Dividend Growth ETF makes up about 5.5% of American Trust’s holdings, making the stock its 3rd biggest position. American Trust’s holdings in iShares Core Dividend Growth ETF were worth $58,675,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in DGRO. Proathlete Wealth Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the second quarter worth $25,000. Rise Advisors LLC acquired a new position in iShares Core Dividend Growth ETF during the 1st quarter worth $27,000. Private Wealth Asset Management LLC acquired a new position in iShares Core Dividend Growth ETF during the 2nd quarter worth $28,000. Strategic Wealth Investment Group LLC purchased a new stake in iShares Core Dividend Growth ETF during the 2nd quarter worth about $29,000. Finally, Keystone Global Partners LLC purchased a new stake in iShares Core Dividend Growth ETF during the 2nd quarter worth about $30,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $70.24 on Monday. The stock has a 50-day simple moving average of $68.56 and a 200-day simple moving average of $66.47. The stock has a market capitalization of $35.65 billion, a PE ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $70.61.

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.