Modus Advisors LLC Boosts Holdings in iShares Core Dividend Growth ETF $DGRO

Modus Advisors LLC grew its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 173,725 shares of the company’s stock after purchasing an additional 1,866 shares during the period. iShares Core Dividend Growth ETF makes up about 3.3% of Modus Advisors LLC’s holdings, making the stock its 3rd biggest position. Modus Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $11,108,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of DGRO. Sound Income Strategies LLC raised its position in shares of iShares Core Dividend Growth ETF by 235.2% in the first quarter. Sound Income Strategies LLC now owns 409 shares of the company’s stock valued at $25,000 after purchasing an additional 287 shares during the period. Rise Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the first quarter valued at approximately $27,000. Cornerstone Planning Group LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the first quarter valued at approximately $30,000. JFS Wealth Advisors LLC raised its position in shares of iShares Core Dividend Growth ETF by 60.7% in the first quarter. JFS Wealth Advisors LLC now owns 495 shares of the company’s stock valued at $31,000 after purchasing an additional 187 shares during the period. Finally, Mpwm Advisory Solutions LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $33,000.

iShares Core Dividend Growth ETF Stock Down 0.5%

NYSEARCA DGRO opened at $67.69 on Friday. The company’s 50 day moving average is $65.82 and its 200-day moving average is $62.90. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $68.09. The firm has a market cap of $34.06 billion, a P/E ratio of 19.66 and a beta of 0.89.

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.