Marino Stram & Associates LLC Purchases 452 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Marino Stram & Associates LLC boosted its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,910 shares of the company’s stock after buying an additional 452 shares during the period. iShares Core Dividend Growth ETF makes up about 0.9% of Marino Stram & Associates LLC’s investment portfolio, making the stock its 17th largest holding. Marino Stram & Associates LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,288,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 3.2% in the third quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock worth $837,783,000 after purchasing an additional 413,083 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in iShares Core Dividend Growth ETF by 1.4% during the third quarter. PNC Financial Services Group Inc. now owns 7,842,422 shares of the company’s stock worth $491,641,000 after acquiring an additional 108,051 shares during the last quarter. Capital Investment Advisors LLC increased its stake in iShares Core Dividend Growth ETF by 2.5% during the fourth quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock worth $459,778,000 after acquiring an additional 180,448 shares during the last quarter. MML Investors Services LLC increased its stake in iShares Core Dividend Growth ETF by 20.4% during the third quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after acquiring an additional 644,193 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in iShares Core Dividend Growth ETF by 4.1% during the third quarter. JPMorgan Chase & Co. now owns 3,304,969 shares of the company’s stock worth $207,189,000 after acquiring an additional 130,763 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $62.90 on Thursday. iShares Core Dividend Growth ETF has a 1 year low of $54.16 and a 1 year high of $65.08. The business has a 50 day simple moving average of $62.71 and a two-hundred day simple moving average of $61.83. The firm has a market capitalization of $29.78 billion, a PE ratio of 19.25 and a beta of 0.71.

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.