Scott Capital Advisors LLC Boosts Stake in iShares Core Dividend Growth ETF $DGRO

Scott Capital Advisors LLC increased its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 10.4% in the fourth quarter, Holdings Channel reports. The firm owned 506,922 shares of the company’s stock after buying an additional 47,934 shares during the quarter. iShares Core Dividend Growth ETF accounts for approximately 7.8% of Scott Capital Advisors LLC’s holdings, making the stock its 5th biggest holding. Scott Capital Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $35,191,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Tortoise Investment Management LLC raised its position in shares of 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 valued at $26,000 after acquiring an additional 179 shares during the period. Group One Trading LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth about $28,000. Costello Asset Management INC boosted its stake in shares of iShares Core Dividend Growth ETF by 79.5% during the 3rd quarter. Costello Asset Management INC now owns 420 shares of the company’s stock worth $29,000 after buying an additional 186 shares during the last quarter. Strategic Wealth Investment Group LLC bought a new position in shares of iShares Core Dividend Growth ETF in the 2nd quarter valued at about $29,000. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the third quarter valued at about $33,000.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $69.72 on Wednesday. iShares Core Dividend Growth ETF has a one year low of $54.09 and a one year high of $74.28. The company has a fifty day moving average price of $72.13 and a two-hundred day moving average price of $69.92. The stock has a market cap of $36.40 billion, a P/E ratio of 19.66 and a beta of 0.84.

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.