Apollon Wealth Management LLC Increases Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Apollon Wealth Management LLC raised its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 105.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,633 shares of the company’s stock after acquiring an additional 11,603 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,218,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Raleigh Capital Management Inc. acquired a new position in iShares Core Dividend Growth ETF during the 3rd quarter worth $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth approximately $27,000. Phillips Financial Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter worth approximately $37,000. Parkside Financial Bank & Trust acquired a new stake in iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $45,000. Finally, Versant Capital Management Inc purchased a new position in iShares Core Dividend Growth ETF in the fourth quarter worth approximately $46,000.

iShares Core Dividend Growth ETF Trading Up 0.3 %

Shares of NYSEARCA:DGRO opened at $57.17 on Thursday. iShares Core Dividend Growth ETF has a 52 week low of $47.19 and a 52 week high of $58.19. The company’s 50 day moving average is $56.73 and its two-hundred day moving average is $54.19. The company has a market cap of $27.07 billion, a PE 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.