Drive Wealth Management LLC Raises Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Drive Wealth Management LLC grew its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 8.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,622 shares of the company’s stock after buying an additional 2,283 shares during the period. Drive Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,817,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. HF Advisory Group LLC lifted its holdings in iShares Core Dividend Growth ETF by 1.7% during the 3rd quarter. HF Advisory Group LLC now owns 98,569 shares of the company’s stock valued at $6,179,000 after buying an additional 1,627 shares in the last quarter. Cornell Pochily Investment Advisors Inc. lifted its holdings in iShares Core Dividend Growth ETF by 7.6% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 73,962 shares of the company’s stock valued at $4,637,000 after buying an additional 5,254 shares in the last quarter. World Investment Advisors LLC lifted its holdings in iShares Core Dividend Growth ETF by 45.8% during 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. Fisher Asset Management LLC bought a new stake in iShares Core Dividend Growth ETF during the 3rd quarter valued at about $208,000. Finally, Newbridge Financial Services Group Inc. raised its holdings in shares of iShares Core Dividend Growth ETF by 2.0% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 18,129 shares of the company’s stock valued at $1,044,000 after purchasing an additional 362 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO opened at $63.33 on Monday. iShares Core Dividend Growth ETF has a one year low of $54.31 and a one year high of $65.08. The firm has a market cap of $29.98 billion, a P/E ratio of 19.25 and a beta of 0.71. The firm has a 50-day simple moving average of $62.71 and a 200-day simple moving average of $61.93.

iShares Core Dividend Growth ETF Company 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.