6,984 iShares Core Dividend Growth ETF $DGRO Shares Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC raised its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.0% during the third quarter, Holdings Channel reports. The institutional investor owned 180,677 shares of the company’s stock after buying an additional 6,984 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $13,621,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in DGRO. Concurrent Investment Advisors LLC increased its position in iShares Core Dividend Growth ETF by 84.2% in the second quarter. Concurrent Investment Advisors LLC now owns 197,951 shares of the company’s stock worth $15,003,000 after purchasing an additional 90,503 shares during the period. Envestnet Asset Management Inc. raised its holdings in iShares Core Dividend Growth ETF by 4.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,099,887 shares of the company’s stock worth $841,260,000 after purchasing an additional 472,809 shares during the last quarter. Ferguson Wellman Capital Management Inc. bought a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth about $1,249,000. Citizens Financial Group Inc. RI bought a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth about $1,125,000. Finally, Accel Wealth Management lifted its position in iShares Core Dividend Growth ETF by 6.6% during the 2nd quarter. Accel Wealth Management now owns 258,988 shares of the company’s stock valued at $19,629,000 after purchasing an additional 15,988 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.3%

iShares Core Dividend Growth ETF stock opened at $81.55 on Wednesday. The company has a market cap of $45.64 billion, a PE ratio of 22.08 and a beta of 0.76. iShares Core Dividend Growth ETF has a 1 year low of $67.14 and a 1 year high of $82.90. The company’s 50-day moving average is $78.37 and its two-hundred day moving average is $75.50.

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.