Accel Wealth Management Purchases 33,355 Shares of iShares Core Dividend Growth ETF $DGRO

Accel Wealth Management lifted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 12.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 292,343 shares of the company’s stock after acquiring an additional 33,355 shares during the period. iShares Core Dividend Growth ETF accounts for about 4.8% of Accel Wealth Management’s investment portfolio, making the stock its largest holding. Accel Wealth Management’s holdings in iShares Core Dividend Growth ETF were worth $22,040,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Envestnet Asset Management Inc. boosted its holdings in iShares Core Dividend Growth ETF by 4.4% in the second quarter. Envestnet Asset Management Inc. now owns 11,099,887 shares of the company’s stock valued at $841,260,000 after acquiring an additional 472,809 shares during the last quarter. Ferguson Wellman Capital Management Inc. purchased a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $1,249,000. Ameritas Advisory Services LLC boosted its stake in shares of iShares Core Dividend Growth ETF by 538.4% in the second quarter. Ameritas Advisory Services LLC now owns 135,126 shares of the company’s stock valued at $10,241,000 after purchasing an additional 113,961 shares during the period. Concurrent Investment Advisors LLC grew its stake in shares of iShares Core Dividend Growth ETF by 84.2% during the second quarter. Concurrent Investment Advisors LLC now owns 197,951 shares of the company’s stock valued at $15,003,000 after acquiring an additional 90,503 shares in the last quarter. Finally, SHP Wealth Management acquired a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at approximately $84,235,000.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO traded down $0.21 during midday trading on Tuesday, reaching $77.58. The company had a trading volume of 1,160,895 shares, compared to its average volume of 1,844,120. The stock has a market capitalization of $43.23 billion, a P/E ratio of 19.66 and a beta of 0.76. iShares Core Dividend Growth ETF has a one year low of $67.10 and a one year high of $80.58. The stock’s fifty day moving average price is $78.18 and its 200-day moving average price is $75.79.

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.