Samalin Investment Counsel LLC Grows Stake in iShares Core Dividend Growth ETF $DGRO

Samalin Investment Counsel LLC raised its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 14.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 63,150 shares of the company’s stock after purchasing an additional 7,925 shares during the period. iShares Core Dividend Growth ETF makes up about 1.5% of Samalin Investment Counsel LLC’s investment portfolio, making the stock its 9th largest holding. Samalin Investment Counsel LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,038,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Proathlete Wealth Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the second quarter valued at $25,000. Rise Advisors LLC purchased a new position in iShares Core Dividend Growth ETF in the 1st quarter worth about $27,000. Private Wealth Asset Management LLC bought a new position in iShares Core Dividend Growth ETF during the 2nd quarter valued at about $28,000. Keystone Global Partners LLC bought a new position in iShares Core Dividend Growth ETF during the 2nd quarter valued at about $30,000. Finally, Advantage Trust Co purchased a new stake in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at about $32,000.

iShares Core Dividend Growth ETF Stock Up 0.4%

Shares of DGRO stock opened at $67.76 on Monday. The company has a 50 day moving average price of $67.80 and a 200-day moving average price of $65.07. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $69.20. The firm has a market capitalization of $34.39 billion, a PE ratio of 19.66 and a beta of 0.84.

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.