iShares Core Dividend Growth ETF $DGRO Stock: Endowment Wealth Management Inc. Boosts Holdings

Endowment Wealth Management Inc. grew its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 10.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 83,547 shares of the company’s stock after purchasing an additional 7,864 shares during the quarter. iShares Core Dividend Growth ETF accounts for about 2.1% of Endowment Wealth Management Inc.’s holdings, making the stock its 12th biggest holding. Endowment Wealth Management Inc.’s holdings in iShares Core Dividend Growth ETF were worth $6,299,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. StoneX Group Inc. purchased a new stake in iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $902,000. Verus Capital Partners LLC increased its stake in iShares Core Dividend Growth ETF by 1.9% during the 3rd quarter. Verus Capital Partners LLC now owns 260,230 shares of the company’s stock valued at $19,619,000 after purchasing an additional 4,838 shares in the last quarter. Parallel Advisors LLC increased its stake in iShares Core Dividend Growth ETF by 3.1% during the 3rd quarter. Parallel Advisors LLC now owns 21,242 shares of the company’s stock valued at $1,601,000 after purchasing an additional 638 shares in the last quarter. Flagship Wealth Advisors LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 4.9% in the third quarter. Flagship Wealth Advisors LLC now owns 120,710 shares of the company’s stock worth $9,100,000 after buying an additional 5,652 shares during the last quarter. Finally, Asset Dedication LLC purchased a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth $7,705,000.

iShares Core Dividend Growth ETF Trading Down 0.6%

NYSEARCA:DGRO opened at $79.80 on Friday. iShares Core Dividend Growth ETF has a 12 month low of $67.14 and a 12 month high of $82.90. The firm has a fifty day simple moving average of $78.28 and a 200-day simple moving average of $75.39. The company has a market capitalization of $44.59 billion, a P/E ratio of 19.66 and a beta of 0.75.

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.