Goldstone Financial Group LLC Buys New Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Goldstone Financial Group LLC purchased a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 42,627 shares of the company’s stock, valued at approximately $2,672,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Adell Harriman & Carpenter Inc. raised its holdings in shares of iShares Core Dividend Growth ETF by 1.6% in the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock worth $665,000 after buying an additional 170 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 2.7% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 7,086 shares of the company’s stock valued at $411,000 after acquiring an additional 186 shares during the period. Alta Wealth Advisors LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 2.6% during the third quarter. Alta Wealth Advisors LLC now owns 7,693 shares of the company’s stock valued at $482,000 after acquiring an additional 194 shares during the period. HHM Wealth Advisors LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 5.7% in the 2nd quarter. HHM Wealth Advisors LLC now owns 3,730 shares of the company’s stock valued at $215,000 after purchasing an additional 200 shares in the last quarter. Finally, Ausdal Financial Partners Inc. raised its stake in shares of iShares Core Dividend Growth ETF by 0.8% in the second quarter. Ausdal Financial Partners Inc. now owns 27,434 shares of the company’s stock valued at $1,580,000 after acquiring an additional 205 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $62.43 on Thursday. iShares Core Dividend Growth ETF has a 52 week low of $47.77 and a 52 week high of $64.00. The stock has a market capitalization of $29.56 billion, a PE ratio of 19.25 and a beta of 0.71. The stock’s fifty day moving average is $62.26 and its 200-day moving average is $59.47.

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.