iShares Core Dividend Growth ETF $DGRO Stock Position Increased by Sheets Smith Wealth Management

Sheets Smith Wealth Management raised its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 12.6% in the first quarter, HoldingsChannel reports. The firm owned 116,085 shares of the company’s stock after acquiring an additional 12,954 shares during the period. iShares Core Dividend Growth ETF makes up 0.9% of Sheets Smith Wealth Management’s investment portfolio, making the stock its 20th largest position. Sheets Smith Wealth Management’s holdings in iShares Core Dividend Growth ETF were worth $8,147,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Greenline Wealth Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $25,000. Tortoise Investment Management LLC boosted its position in shares of iShares Core Dividend Growth ETF by 89.5% during the third quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock worth $26,000 after buying an additional 179 shares during the period. Ankerstar Wealth LLC bought a new position in iShares Core Dividend Growth ETF in the 4th quarter worth approximately $26,000. Group One Trading LLC bought a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth approximately $28,000. Finally, Strategic Wealth Investment Group LLC acquired a new stake in iShares Core Dividend Growth ETF in the 2nd quarter valued at approximately $29,000.

iShares Core Dividend Growth ETF Price Performance

Shares of iShares Core Dividend Growth ETF stock opened at $74.82 on Friday. The business’s fifty day moving average price is $73.91 and its two-hundred day moving average price is $72.11. The company has a market capitalization of $40.26 billion, a P/E ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 1-year low of $62.05 and a 1-year high of $76.07.

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.