Ranch Capital Advisors Inc. Has $1.29 Million Holdings in iShares Core Dividend Growth ETF $DGRO

Ranch Capital Advisors Inc. lifted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 5.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,195 shares of the company’s stock after purchasing an additional 1,037 shares during the period. Ranch Capital Advisors Inc.’s holdings in iShares Core Dividend Growth ETF were worth $1,291,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of DGRO. Brighton Jones LLC raised its position in shares of iShares Core Dividend Growth ETF by 52.5% in the fourth quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock valued at $411,000 after purchasing an additional 2,304 shares during the period. GAMMA Investing LLC increased its position in iShares Core Dividend Growth ETF by 7.4% during the first quarter. GAMMA Investing LLC now owns 60,626 shares of the company’s stock worth $3,745,000 after acquiring an additional 4,186 shares during the period. Spire Wealth Management increased its position in iShares Core Dividend Growth ETF by 5.7% during the first quarter. Spire Wealth Management now owns 28,780 shares of the company’s stock worth $1,778,000 after acquiring an additional 1,545 shares during the period. Sequoia Financial Advisors LLC increased its position in iShares Core Dividend Growth ETF by 917.6% during the first quarter. Sequoia Financial Advisors LLC now owns 74,490 shares of the company’s stock worth $4,602,000 after acquiring an additional 67,170 shares during the period. Finally, Tranquility Partners LLC increased its position in iShares Core Dividend Growth ETF by 1.9% during the first quarter. Tranquility Partners LLC now owns 70,751 shares of the company’s stock worth $4,371,000 after acquiring an additional 1,344 shares during the period.

iShares Core Dividend Growth ETF Trading Up 0.4%

Shares of DGRO stock opened at $68.71 on Friday. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $68.96. The firm’s fifty day simple moving average is $67.51 and its 200 day simple moving average is $64.24. The firm has a market capitalization of $34.73 billion, a P/E ratio of 19.66 and a beta of 0.89.

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.