Millington Financial Advisors LLC Has $2.21 Million Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Millington Financial Advisors LLC raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,118 shares of the company’s stock after purchasing an additional 1,485 shares during the period. iShares Core Dividend Growth ETF accounts for approximately 1.8% of Millington Financial Advisors LLC’s investment portfolio, making the stock its 14th biggest position. Millington Financial Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,213,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC grew its stake in shares of iShares Core Dividend Growth ETF by 5.1% in the third quarter. LPL Financial LLC now owns 10,626,839 shares of the company’s stock valued at $526,347,000 after acquiring an additional 511,407 shares in the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 2.7% in the fourth quarter. Capital Investment Advisors LLC now owns 7,024,881 shares of the company’s stock worth $378,079,000 after acquiring an additional 183,410 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of iShares Core Dividend Growth ETF by 5.3% in the third quarter. Royal Bank of Canada now owns 5,601,527 shares of the company’s stock worth $277,444,000 after acquiring an additional 280,775 shares during the last quarter. UBS Group AG raised its holdings in iShares Core Dividend Growth ETF by 0.4% in the 3rd quarter. UBS Group AG now owns 5,100,464 shares of the company’s stock valued at $252,626,000 after buying an additional 18,497 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its holdings in iShares Core Dividend Growth ETF by 42.1% in the 3rd quarter. Wealthfront Advisers LLC now owns 4,153,422 shares of the company’s stock valued at $205,719,000 after buying an additional 1,231,332 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA DGRO traded up $0.37 during trading hours on Tuesday, reaching $56.54. The company’s stock had a trading volume of 1,027,640 shares, compared to its average volume of 1,598,222. The firm has a fifty day simple moving average of $56.57 and a 200-day simple moving average of $53.68. The stock has a market cap of $26.62 billion, a P/E ratio of 18.84 and a beta of 0.89. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $58.19.

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.