35,055 Shares in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Bought by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 35,055 shares of the company’s stock, valued at approximately $2,149,000.

Several other institutional investors have also recently bought and sold shares of the business. Financial Engines Advisors L.L.C. grew its holdings in shares of iShares Core Dividend Growth ETF by 16.7% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 22,097 shares of the company’s stock valued at $1,355,000 after buying an additional 3,168 shares during the last quarter. Ipsen Advisor Group LLC acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at about $924,000. Bay Capital Advisors LLC bought a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $515,000. Potentia Wealth purchased a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter worth approximately $433,000. Finally, PKS Advisory Services LLC bought a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $707,000.

iShares Core Dividend Growth ETF Stock Up 0.0 %

Shares of NYSEARCA:DGRO opened at $61.93 on Thursday. The business’s 50 day moving average is $63.00 and its 200 day moving average is $62.80. iShares Core Dividend Growth ETF has a 12-month low of $55.08 and a 12-month high of $65.08. The stock has a market cap of $30.35 billion, a price-to-earnings ratio of 21.26 and a beta of 0.89.

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.