SHP Wealth Management Acquires Shares of 1,213,414 iShares Core Dividend Growth ETF $DGRO

SHP Wealth Management acquired a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,213,414 shares of the company’s stock, valued at approximately $84,235,000. iShares Core Dividend Growth ETF comprises 6.6% of SHP Wealth Management’s holdings, making the stock its 2nd largest holding.

Several other hedge funds have also recently modified their holdings of the stock. Greenline Wealth Management LLC bought a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $25,000. Tortoise Investment Management LLC grew its stake in iShares Core Dividend Growth ETF by 89.5% during the third quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock valued at $26,000 after acquiring an additional 179 shares in the last quarter. Ankerstar Wealth LLC bought a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at $26,000. Group One Trading LLC bought a new stake in iShares Core Dividend Growth ETF in the 3rd quarter valued at $28,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in iShares Core Dividend Growth ETF in the 2nd quarter worth $29,000.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $74.82 on Friday. The company’s fifty day simple moving average is $73.91 and its two-hundred day simple moving average is $72.11. iShares Core Dividend Growth ETF has a 52 week low of $62.05 and a 52 week high of $76.07. The stock has a market cap of $40.26 billion, a P/E ratio of 19.66 and a beta of 0.77.

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.