Ring Mountain Capital LLC Boosts Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Ring Mountain Capital LLC lifted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.4% during the first quarter, HoldingsChannel.com reports. The firm owned 51,464 shares of the company’s stock after purchasing an additional 713 shares during the quarter. iShares Core Dividend Growth ETF makes up about 2.4% of Ring Mountain Capital LLC’s portfolio, making the stock its 11th largest holding. Ring Mountain Capital LLC’s holdings in iShares Core Dividend Growth ETF were worth $3,179,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Creekmur Asset Management LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 18.7% during the 1st quarter. Creekmur Asset Management LLC now owns 3,118 shares of the company’s stock valued at $193,000 after buying an additional 491 shares during the period. Kingsview Wealth Management LLC increased its stake in iShares Core Dividend Growth ETF by 1.7% in the 1st quarter. Kingsview Wealth Management LLC now owns 149,148 shares of the company’s stock worth $9,214,000 after buying an additional 2,463 shares in the last quarter. Litman Gregory Wealth Management LLC increased its stake in iShares Core Dividend Growth ETF by 12.6% in the 1st quarter. Litman Gregory Wealth Management LLC now owns 394,539 shares of the company’s stock worth $24,375,000 after buying an additional 44,086 shares in the last quarter. Verdence Capital Advisors LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 16.7% during the 1st quarter. Verdence Capital Advisors LLC now owns 47,469 shares of the company’s stock valued at $2,933,000 after purchasing an additional 6,795 shares during the last quarter. Finally, Mayflower Financial Advisors LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 2.7% during the 1st quarter. Mayflower Financial Advisors LLC now owns 23,427 shares of the company’s stock valued at $1,447,000 after purchasing an additional 605 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA DGRO opened at $64.96 on Friday. The company has a market cap of $32.46 billion, a P/E ratio of 19.66 and a beta of 0.89. The firm has a 50-day simple moving average of $63.04 and a two-hundred day simple moving average of $62.00. iShares Core Dividend Growth ETF has a 1 year low of $54.09 and a 1 year high of $65.40.

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.