Steward Partners Investment Advisory LLC Raises Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Steward Partners Investment Advisory LLC boosted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 649,553 shares of the company’s stock after buying an additional 24,956 shares during the quarter. Steward Partners Investment Advisory LLC owned approximately 0.14% of iShares Core Dividend Growth ETF worth $39,844,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Ulland Investment Advisors LLC purchased a new position in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $27,000. Truvestments Capital LLC purchased a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $28,000. Y.D. More Investments Ltd purchased a new position in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $33,000. Tompkins Financial Corp purchased a new position in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $41,000. Finally, New Wave Wealth Advisors LLC purchased a new position in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $49,000.

iShares Core Dividend Growth ETF Price Performance

DGRO opened at $63.66 on Tuesday. The firm has a market capitalization of $31.19 billion, a price-to-earnings ratio of 22.22 and a beta of 0.89. The company’s 50 day simple moving average is $62.79 and its two-hundred day simple moving average is $62.70. iShares Core Dividend Growth ETF has a 1-year low of $55.08 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.