Fifth Third Bancorp Buys 739,230 Shares of iShares Core Dividend Growth ETF $DGRO

Fifth Third Bancorp raised its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4,352.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 756,216 shares of the company’s stock after buying an additional 739,230 shares during the quarter. Fifth Third Bancorp owned about 0.14% of iShares Core Dividend Growth ETF worth $53,071,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Greenline Wealth Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at $25,000. Ankerstar Wealth LLC acquired a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth $26,000. MBM Wealth Consultants LLC bought a new position in iShares Core Dividend Growth ETF during the first quarter worth about $27,000. Group One Trading LLC bought a new position in iShares Core Dividend Growth ETF during the third quarter worth about $28,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in iShares Core Dividend Growth ETF in the second quarter valued at about $29,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $77.06 on Monday. The stock has a 50 day simple moving average of $75.01 and a 200 day simple moving average of $72.83. iShares Core Dividend Growth ETF has a 52-week low of $63.76 and a 52-week high of $78.06. The firm has a market capitalization of $42.02 billion, a PE ratio of 19.66 and a beta of 0.77.

iShares Core Dividend Growth ETF Company 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.