Spire Wealth Management Boosts Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Spire Wealth Management increased its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 35.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 27,235 shares of the company’s stock after acquiring an additional 7,201 shares during the quarter. Spire Wealth Management’s holdings in iShares Core Dividend Growth ETF were worth $1,671,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in DGRO. MML Investors Services LLC lifted its holdings in iShares Core Dividend Growth ETF by 20.4% during the third quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock valued at $238,032,000 after purchasing an additional 644,193 shares in the last quarter. Smith Anglin Financial LLC lifted its holdings in iShares Core Dividend Growth ETF by 78.4% during the third quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock valued at $84,424,000 after purchasing an additional 591,701 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares Core Dividend Growth ETF by 3.2% during the third quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock valued at $837,783,000 after purchasing an additional 413,083 shares in the last quarter. Summit Investment Advisory Services LLC purchased a new position in iShares Core Dividend Growth ETF during the third quarter valued at approximately $23,432,000. Finally, Gratus Wealth Advisors LLC lifted its holdings in iShares Core Dividend Growth ETF by 24.9% during the third quarter. Gratus Wealth Advisors LLC now owns 1,121,862 shares of the company’s stock valued at $69,769,000 after purchasing an additional 223,301 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $63.28 on Tuesday. iShares Core Dividend Growth ETF has a 1-year low of $54.31 and a 1-year high of $65.08. The company has a market capitalization of $29.96 billion, a P/E ratio of 19.25 and a beta of 0.71. The firm’s 50 day simple moving average is $62.68 and its two-hundred day simple moving average is $62.09.

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.