Confluence Wealth Services Inc. Has $49 Million Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Confluence Wealth Services Inc. grew its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 10.0% during the 4th quarter, HoldingsChannel reports. The fund owned 773,539 shares of the company’s stock after purchasing an additional 70,288 shares during the quarter. iShares Core Dividend Growth ETF comprises 3.2% of Confluence Wealth Services Inc.’s holdings, making the stock its 8th biggest position. Confluence Wealth Services Inc.’s holdings in iShares Core Dividend Growth ETF were worth $49,004,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Lincoln Capital LLC increased its position in iShares Core Dividend Growth ETF by 1.7% in the fourth quarter. Lincoln Capital LLC now owns 10,020 shares of the company’s stock worth $615,000 after buying an additional 168 shares in the last quarter. Adell Harriman & Carpenter Inc. grew its stake in shares of iShares Core Dividend Growth ETF by 1.6% during the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock valued at $665,000 after acquiring an additional 170 shares during the period. Empire Financial Management Company LLC increased its holdings in iShares Core Dividend Growth ETF by 2.7% in the 3rd quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock worth $405,000 after acquiring an additional 171 shares in the last quarter. Bluesphere Advisors LLC raised its stake in iShares Core Dividend Growth ETF by 2.8% during the 4th quarter. Bluesphere Advisors LLC now owns 6,499 shares of the company’s stock worth $399,000 after acquiring an additional 177 shares during the period. Finally, GSG Advisors LLC raised its stake in iShares Core Dividend Growth ETF by 0.5% during the 3rd quarter. GSG Advisors LLC now owns 35,815 shares of the company’s stock worth $2,238,000 after acquiring an additional 186 shares during the period.

iShares Core Dividend Growth ETF Price Performance

DGRO opened at $63.29 on Wednesday. The company has a 50 day simple moving average of $62.65 and a two-hundred day simple moving average of $62.12. The firm has a market cap of $29.96 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1-year low of $54.31 and a 1-year 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.