iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Position Boosted by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC grew its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 11.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,563 shares of the company’s stock after purchasing an additional 3,520 shares during the period. iShares Core Dividend Growth ETF comprises 0.7% of Beacon Financial Advisory LLC’s portfolio, making the stock its 23rd largest holding. Beacon Financial Advisory LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,167,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in DGRO. Cetera Investment Advisers lifted its position in iShares Core Dividend Growth ETF by 319.5% in the 1st quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock worth $111,616,000 after buying an additional 1,464,167 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of iShares Core Dividend Growth ETF by 1,953.2% in the second quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock worth $741,000 after acquiring an additional 1,223,349 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 8.8% during the second quarter. LPL Financial LLC now owns 12,950,815 shares of the company’s stock worth $746,096,000 after acquiring an additional 1,047,837 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF during the second quarter valued at $45,148,000. Finally, Smith Anglin Financial LLC grew its stake in iShares Core Dividend Growth ETF by 78.4% in the third quarter. Smith Anglin Financial LLC now owns 1,346,692 shares of the company’s stock valued at $84,424,000 after purchasing an additional 591,701 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO stock opened at $62.40 on Wednesday. iShares Core Dividend Growth ETF has a fifty-two week low of $49.08 and a fifty-two week high of $64.00. The stock’s 50-day moving average is $62.34 and its two-hundred day moving average is $59.71. The firm has a market cap of $29.54 billion, a P/E ratio of 19.25 and a beta of 0.71.

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.