Riverchase Wealth Management LLC Buys New Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Riverchase Wealth Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,835 shares of the company’s stock, valued at approximately $419,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ulland Investment Advisors LLC bought a new stake in iShares Core Dividend Growth ETF in the fourth quarter valued at about $27,000. Truvestments Capital LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $28,000. Y.D. More Investments Ltd acquired a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $33,000. Rialto Wealth Management LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth approximately $33,000. Finally, Synergy Investment Management LLC acquired a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at $37,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $61.87 on Friday. The business has a fifty day moving average of $63.00 and a two-hundred day moving average of $62.80. iShares Core Dividend Growth ETF has a 52-week low of $55.08 and a 52-week high of $65.08. The stock has a market cap of $30.32 billion, a PE 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.