Gratus Wealth Advisors LLC Increases Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Gratus Wealth Advisors LLC increased its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,254,894 shares of the company’s stock after purchasing an additional 20,316 shares during the quarter. iShares Core Dividend Growth ETF accounts for 12.1% of Gratus Wealth Advisors LLC’s portfolio, making the stock its biggest holding. Gratus Wealth Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $87,115,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bank of America Corp DE lifted its holdings in shares of iShares Core Dividend Growth ETF by 1.1% during the third quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock valued at $1,270,529,000 after purchasing an additional 195,211 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 4.7% during the fourth quarter. Wealthfront Advisers LLC now owns 13,931,233 shares of the company’s stock valued at $967,106,000 after purchasing an additional 628,342 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of iShares Core Dividend Growth ETF by 4.6% during the third quarter. Raymond James Financial Inc. now owns 10,467,035 shares of the company’s stock valued at $712,596,000 after purchasing an additional 457,568 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of iShares Core Dividend Growth ETF by 16.4% during the third quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock valued at $583,076,000 after purchasing an additional 1,211,980 shares in the last quarter. Finally, Capital Investment Advisors LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 2.7% during the fourth quarter. Capital Investment Advisors LLC now owns 8,339,921 shares of the company’s stock valued at $578,957,000 after purchasing an additional 215,540 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $73.14 on Tuesday. iShares Core Dividend Growth ETF has a fifty-two week low of $60.73 and a fifty-two week high of $74.28. The business’s 50-day moving average is $71.68 and its two-hundred day moving average is $70.84. The company has a market cap of $39.36 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77.

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.