Powers Advisory Group LLC Has $12.89 Million Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Powers Advisory Group LLC increased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 8.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 205,572 shares of the company’s stock after purchasing an additional 15,574 shares during the quarter. iShares Core Dividend Growth ETF makes up approximately 6.4% of Powers Advisory Group LLC’s portfolio, making the stock its 3rd biggest holding. Powers Advisory Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $12,887,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Alta Wealth Advisors LLC grew its position in shares of iShares Core Dividend Growth ETF by 2.6% in the third quarter. Alta Wealth Advisors LLC now owns 7,693 shares of the company’s stock valued at $482,000 after purchasing an additional 194 shares in the last quarter. TriaGen Wealth Management LLC boosted its stake in iShares Core Dividend Growth ETF by 4.6% in the 3rd quarter. TriaGen Wealth Management LLC now owns 132,318 shares of the company’s stock worth $8,295,000 after purchasing an additional 5,866 shares during the period. Legacy Financial Strategies LLC grew its holdings in iShares Core Dividend Growth ETF by 4.3% during the 3rd quarter. Legacy Financial Strategies LLC now owns 535,925 shares of the company’s stock valued at $33,597,000 after buying an additional 22,183 shares in the last quarter. Raymond James & Associates increased its position in shares of iShares Core Dividend Growth ETF by 1.8% during the third quarter. Raymond James & Associates now owns 2,538,953 shares of the company’s stock valued at $159,167,000 after buying an additional 45,538 shares during the period. Finally, Blue Trust Inc. lifted its holdings in shares of iShares Core Dividend Growth ETF by 1,520.8% in the third quarter. Blue Trust Inc. now owns 6,402 shares of the company’s stock worth $369,000 after buying an additional 6,007 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.1 %

DGRO stock opened at $63.89 on Friday. The firm has a 50 day moving average of $61.86 and a 200-day moving average of $59.15. The firm has a market capitalization of $30.25 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12 month low of $47.19 and a 12 month high of $64.00.

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.