Centricity Wealth Management LLC Purchases Shares of 37,172 iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Centricity Wealth Management LLC purchased a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 37,172 shares of the company’s stock, valued at approximately $2,280,000. iShares Core Dividend Growth ETF comprises about 2.1% of Centricity Wealth Management LLC’s portfolio, making the stock its 15th biggest position.

A number of other hedge funds have also added to or reduced their stakes in the business. Ulland Investment Advisors LLC bought a new stake in iShares Core Dividend Growth ETF during the fourth quarter worth about $27,000. Truvestments Capital LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $28,000. Y.D. More Investments Ltd acquired a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $33,000. Tompkins Financial Corp acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter worth $41,000. Finally, New Wave Wealth Advisors LLC bought a new stake in iShares Core Dividend Growth ETF during the fourth quarter worth $49,000.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO opened at $64.26 on Friday. The firm has a 50-day moving average of $62.58 and a 200-day moving average of $62.44. The company has a market cap of $30.42 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a one year low of $55.08 and a one year high of $65.08.

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.