Motley Fool Wealth Management LLC Raises Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Motley Fool Wealth Management LLC lifted its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 107.6% in the 4th quarter, Holdings Channel reports. The firm owned 17,054 shares of the company’s stock after acquiring an additional 8,838 shares during the period. Motley Fool Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,184,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Tortoise Investment Management LLC lifted its position in iShares Core Dividend Growth ETF by 89.5% in the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock worth $26,000 after buying an additional 179 shares during the last quarter. Group One Trading LLC purchased a new stake in iShares Core Dividend Growth ETF in the third quarter worth approximately $28,000. Strategic Wealth Investment Group LLC purchased a new stake in iShares Core Dividend Growth ETF in the second quarter worth approximately $29,000. Independence Bank of Kentucky boosted its stake in iShares Core Dividend Growth ETF by 80.7% in the fourth quarter. Independence Bank of Kentucky now owns 506 shares of the company’s stock worth $35,000 after buying an additional 226 shares in the last quarter. Finally, Kingdom Financial Group LLC. purchased a new stake in iShares Core Dividend Growth ETF in the fourth quarter worth approximately $37,000.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO opened at $74.74 on Thursday. The firm has a market cap of $40.22 billion, a P/E ratio of 19.66 and a beta of 0.77. The stock has a 50 day simple moving average of $73.24 and a two-hundred day simple moving average of $71.82. iShares Core Dividend Growth ETF has a 1 year low of $62.05 and a 1 year high of $75.84.

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.