GM Advisory Group LLC Acquires Shares of 5,300 iShares Core Dividend Growth ETF $DGRO

GM Advisory Group LLC bought a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,300 shares of the company’s stock, valued at approximately $339,000.

Several other hedge funds and other institutional investors also recently modified their holdings of DGRO. Russell Investments Group Ltd. boosted its holdings in iShares Core Dividend Growth ETF by 114.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,204 shares of the company’s stock worth $77,000 after buying an additional 643 shares during the period. J.W. Cole Advisors Inc. boosted its holdings in shares of iShares Core Dividend Growth ETF by 33.3% in the second quarter. J.W. Cole Advisors Inc. now owns 698,756 shares of the company’s stock worth $44,678,000 after acquiring an additional 174,676 shares during the period. FourThought Financial Partners LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 8.3% in the second quarter. FourThought Financial Partners LLC now owns 154,160 shares of the company’s stock worth $9,857,000 after acquiring an additional 11,846 shares during the period. Financial Advocates Investment Management grew its position in shares of iShares Core Dividend Growth ETF by 4.6% in the second quarter. Financial Advocates Investment Management now owns 63,666 shares of the company’s stock valued at $4,099,000 after purchasing an additional 2,815 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of iShares Core Dividend Growth ETF by 0.8% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 665,437 shares of the company’s stock valued at $42,548,000 after purchasing an additional 5,334 shares during the period.

iShares Core Dividend Growth ETF Stock Up 0.6%

Shares of NYSEARCA DGRO opened at $69.54 on Friday. The company has a market cap of $35.29 billion, a P/E ratio of 19.66 and a beta of 0.84. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $69.74. The business has a 50-day simple moving average of $68.15 and a two-hundred day simple moving average of $65.81.

About iShares Core Dividend Growth ETF

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.