Wells Financial Advisors INC Buys 285 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Wells Financial Advisors INC grew its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,321 shares of the company’s stock after acquiring an additional 285 shares during the quarter. iShares Core Dividend Growth ETF comprises approximately 1.7% of Wells Financial Advisors INC’s portfolio, making the stock its 17th biggest position. Wells Financial Advisors INC’s holdings in iShares Core Dividend Growth ETF were worth $1,246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Ausdal Financial Partners Inc. lifted its position in iShares Core Dividend Growth ETF by 1.2% in the 4th quarter. Ausdal Financial Partners Inc. now owns 21,509 shares of the company’s stock valued at $1,319,000 after acquiring an additional 247 shares in the last quarter. Motley Fool Wealth Management LLC bought a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at $2,149,000. Financial Engines Advisors L.L.C. boosted its position 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 bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter worth about $924,000. Finally, Bay Capital Advisors LLC purchased a new position in iShares Core Dividend Growth ETF in the 4th quarter worth about $515,000.

iShares Core Dividend Growth ETF Stock Down 0.4 %

Shares of DGRO stock opened at $61.92 on Wednesday. The company has a 50 day moving average price of $63.00 and a 200-day moving average price of $62.81. iShares Core Dividend Growth ETF has a 52 week low of $55.08 and a 52 week high of $65.08. The firm has a market capitalization of $30.35 billion, a PE ratio of 21.26 and a beta of 0.89.

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.