Newbridge Financial Services Group Inc. Has $1.04 Million Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Newbridge Financial Services Group Inc. boosted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,129 shares of the company’s stock after purchasing an additional 362 shares during the quarter. Newbridge Financial Services Group Inc.’s holdings in iShares Core Dividend Growth ETF were worth $1,044,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Cetera Investment Advisers increased its position in shares of iShares Core Dividend Growth ETF by 319.5% during 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 boosted its stake 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 valued at $741,000 after purchasing an additional 1,223,349 shares during the last quarter. LPL Financial LLC increased 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 purchasing an additional 1,047,837 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the second quarter valued at approximately $45,148,000. Finally, Envestnet Asset Management Inc. grew its holdings in iShares Core Dividend Growth ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 9,006,470 shares of the company’s stock worth $518,863,000 after buying an additional 368,759 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.3 %

Shares of NYSEARCA:DGRO opened at $62.50 on Wednesday. The stock’s fifty day simple moving average is $60.79 and its two-hundred day simple moving average is $58.62. The stock has a market cap of $29.59 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1-year low of $47.19 and a 1-year high of $62.88.

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.