GSB Wealth Management LLC Acquires 7,389 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

GSB Wealth Management LLC raised its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 42.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,756 shares of the company’s stock after buying an additional 7,389 shares during the period. GSB Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,519,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DGRO. Sanctuary Advisors LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the second quarter valued at approximately $45,148,000. MML Investors Services LLC grew its position in shares of iShares Core Dividend Growth ETF by 20.4% in the third quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock valued at $238,032,000 after purchasing an additional 644,193 shares during the last quarter. Smith Anglin Financial LLC grew its position in shares of iShares Core Dividend Growth ETF by 78.4% in the third quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock valued at $84,424,000 after purchasing an additional 591,701 shares during the last quarter. LPL Financial LLC grew its position in iShares Core Dividend Growth ETF by 3.2% during the third quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock worth $837,783,000 after buying an additional 413,083 shares in the last quarter. Finally, Summit Investment Advisory Services LLC acquired a new stake in iShares Core Dividend Growth ETF during the third quarter worth approximately $23,432,000.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $63.33 on Friday. The company has a market capitalization of $29.98 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1 year low of $54.31 and a 1 year high of $65.08. The business’s 50 day simple moving average is $62.71 and its 200 day simple moving average is $61.88.

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.