GC Wealth Management RIA LLC Has $400,000 Stock Position in iShares Core Dividend Growth ETF $DGRO

GC Wealth Management RIA LLC increased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 27.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,254 shares of the company’s stock after purchasing an additional 1,366 shares during the period. GC Wealth Management RIA LLC’s holdings in iShares Core Dividend Growth ETF were worth $400,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 235.2% in the first quarter. Sound Income Strategies LLC now owns 409 shares of the company’s stock valued at $25,000 after purchasing an additional 287 shares in the last quarter. Proathlete Wealth Management LLC bought a new stake in iShares Core Dividend Growth ETF during the second quarter worth $25,000. Rise Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the first quarter valued at $27,000. Cornerstone Planning Group LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the first quarter valued at $30,000. Finally, Keystone Global Partners LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the second quarter valued at $30,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $68.33 on Thursday. The stock has a market cap of $34.38 billion, a PE ratio of 19.66 and a beta of 0.89. iShares Core Dividend Growth ETF has a fifty-two week low of $54.09 and a fifty-two week high of $68.39. The stock has a fifty day moving average of $66.53 and a 200-day moving average of $63.35.

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.