Focus Partners Wealth Grows Stake in iShares Core Dividend Growth ETF $DGRO

Focus Partners Wealth increased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 5.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 675,156 shares of the company’s stock after acquiring an additional 33,473 shares during the period. Focus Partners Wealth owned approximately 0.13% of iShares Core Dividend Growth ETF worth $46,299,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Opulen Financial Group LLC grew its position in iShares Core Dividend Growth ETF by 0.7% in the fourth quarter. Opulen Financial Group LLC now owns 19,879 shares of the company’s stock worth $1,380,000 after acquiring an additional 136 shares in the last quarter. Cvfg LLC grew its position in iShares Core Dividend Growth ETF by 2.3% in the third quarter. Cvfg LLC now owns 6,595 shares of the company’s stock worth $449,000 after acquiring an additional 150 shares in the last quarter. Dakota Wealth Management grew its position in iShares Core Dividend Growth ETF by 3.3% in the fourth quarter. Dakota Wealth Management now owns 4,755 shares of the company’s stock worth $330,000 after acquiring an additional 150 shares in the last quarter. Huntleigh Advisors Inc. grew its position in iShares Core Dividend Growth ETF by 4.3% in the fourth quarter. Huntleigh Advisors Inc. now owns 3,610 shares of the company’s stock worth $251,000 after acquiring an additional 150 shares in the last quarter. Finally, Centerpoint Advisory Group grew its position in iShares Core Dividend Growth ETF by 0.4% in the fourth quarter. Centerpoint Advisory Group now owns 35,329 shares of the company’s stock worth $2,453,000 after acquiring an additional 153 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.4%

DGRO opened at $75.63 on Tuesday. The firm has a market cap of $40.70 billion, a P/E ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 12 month low of $62.05 and a 12 month high of $76.06. The stock has a 50-day moving average of $73.57 and a 200 day moving average of $71.97.

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.