Camden National Bank Purchases New Position in iShares Core Dividend Growth ETF $DGRO

Camden National Bank purchased a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 26,559 shares of the company’s stock, valued at approximately $1,844,000.

A number of other institutional investors have also recently made changes to their positions in DGRO. Brighton Jones LLC grew its stake 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 stake in shares of 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 valued at $855,000 after buying an additional 6,758 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of 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 valued at $77,000 after buying an additional 643 shares during the last quarter. Glenview Trust co grew its stake in shares of 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 buying an additional 637 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in shares of 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 buying an additional 305 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

DGRO opened at $74.74 on Tuesday. The stock has a market cap of $40.22 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. The stock’s 50 day moving average price is $72.43 and its 200-day moving average price is $71.47. iShares Core Dividend Growth ETF has a one year low of $61.56 and a one year high of $75.03.

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.