Red Tortoise LLC Boosts Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Red Tortoise LLC raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,927 shares of the company’s stock after acquiring an additional 521 shares during the period. iShares Core Dividend Growth ETF accounts for approximately 2.3% of Red Tortoise LLC’s portfolio, making the stock its 13th largest position. Red Tortoise LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,535,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in DGRO. HF Advisory Group LLC raised its position 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 worth $6,179,000 after buying an additional 1,627 shares during the last quarter. Cornell Pochily Investment Advisors Inc. boosted its stake in shares of iShares Core Dividend Growth ETF by 7.6% during the third quarter. Cornell Pochily Investment Advisors Inc. now owns 73,962 shares of the company’s stock valued at $4,637,000 after acquiring an additional 5,254 shares during the last quarter. World Investment Advisors LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 45.8% during the third 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 during the period. Fisher Asset Management LLC acquired a new position in iShares Core Dividend Growth ETF in the third quarter valued at $208,000. Finally, Stratos Wealth Partners LTD. raised its stake in iShares Core Dividend Growth ETF by 1.4% during the third quarter. Stratos Wealth Partners LTD. now owns 379,839 shares of the company’s stock worth $23,812,000 after purchasing an additional 5,174 shares during the period.

iShares Core Dividend Growth ETF Trading Down 0.4 %

Shares of iShares Core Dividend Growth ETF stock opened at $63.47 on Monday. The business’s fifty day moving average price is $62.71 and its 200 day moving average price is $62.07. The stock has a market capitalization of $30.05 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a twelve month low of $54.31 and a twelve month high of $65.08.

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.