Modern Wealth Management LLC Invests $762,000 in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Modern Wealth Management LLC acquired a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGROFree Report) during the fourth quarter, Holdings Channel.com reports. The fund acquired 11,996 shares of the company’s stock, valued at approximately $762,000.

Several other large investors have also recently added to or reduced their stakes in DGRO. Counterweight Ventures LLC increased its stake in shares of iShares Core Dividend Growth ETF by 1.3% in the fourth quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock worth $1,658,000 after acquiring an additional 349 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the 4th quarter worth about $3,573,000. Ranch Capital Advisors Inc. lifted its holdings in shares of iShares Core Dividend Growth ETF by 1.7% during the 4th quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock valued at $1,143,000 after buying an additional 317 shares during the last quarter. World Investment Advisors LLC grew its stake in shares of iShares Core Dividend Growth ETF by 45.8% in the 3rd quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock valued at $2,323,000 after buying an additional 11,634 shares in the last quarter. Finally, Sterling Wealth Advisors Inc acquired a new position in iShares Core Dividend Growth ETF in the fourth quarter worth approximately $1,969,000.

iShares Core Dividend Growth ETF Stock Up 0.0 %

NYSEARCA DGRO opened at $61.93 on Thursday. The stock has a market capitalization of $30.35 billion, a PE ratio of 21.26 and a beta of 0.89. iShares Core Dividend Growth ETF has a 12-month low of $55.08 and a 12-month high of $65.08. The company has a 50 day moving average price of $63.00 and a two-hundred day moving average price of $62.80.

About iShares Core Dividend Growth ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding DGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core Dividend Growth ETF (NYSEARCA:DGROFree Report).

Institutional Ownership by Quarter for iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

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