Connecticut Wealth Management LLC Purchases 20,430 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Connecticut Wealth Management LLC lifted its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 22.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 113,008 shares of the company’s stock after purchasing an additional 20,430 shares during the quarter. Connecticut Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,561,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Etfidea LLC boosted its position in shares of iShares Core Dividend Growth ETF by 1.2% during the third quarter. Etfidea LLC now owns 563,525 shares of the company’s stock worth $27,911,000 after purchasing an additional 6,948 shares in the last quarter. Financial Insights Inc. bought a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at $2,211,000. Tritonpoint Wealth LLC bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at $299,000. Koshinski Asset Management Inc. lifted its position in iShares Core Dividend Growth ETF by 33.7% in the 4th quarter. Koshinski Asset Management Inc. now owns 7,281 shares of the company’s stock valued at $392,000 after acquiring an additional 1,837 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its position in iShares Core Dividend Growth ETF by 6.7% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 31,572 shares of the company’s stock valued at $1,699,000 after acquiring an additional 1,996 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.1 %

DGRO traded up $0.06 during trading on Friday, hitting $57.76. The company had a trading volume of 715,381 shares, compared to its average volume of 1,469,085. The company has a market capitalization of $27.35 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a one year low of $47.19 and a one year high of $58.61. The firm’s 50-day moving average price is $57.47 and its 200 day moving average price is $56.20.

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.