Madison Wealth Partners Inc Has $44.95 Million Stock Position in iShares Core Dividend Growth ETF $DGRO

Madison Wealth Partners Inc raised its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 647,554 shares of the company’s stock after purchasing an additional 15,020 shares during the period. iShares Core Dividend Growth ETF accounts for about 8.2% of Madison Wealth Partners Inc’s holdings, making the stock its 2nd largest holding. Madison Wealth Partners Inc’s holdings in iShares Core Dividend Growth ETF were worth $44,953,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of DGRO. Tortoise Investment Management LLC raised its position in iShares Core Dividend Growth ETF by 89.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock valued at $26,000 after purchasing an additional 179 shares during the last quarter. Group One Trading LLC bought a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at approximately $28,000. Costello Asset Management INC raised its position in iShares Core Dividend Growth ETF by 79.5% during the 3rd quarter. Costello Asset Management INC now owns 420 shares of the company’s stock valued at $29,000 after purchasing an additional 186 shares during the last quarter. Strategic Wealth Investment Group LLC bought a new position in iShares Core Dividend Growth ETF during the 2nd quarter valued at approximately $29,000. Finally, Independence Bank of Kentucky raised its position in iShares Core Dividend Growth ETF by 80.7% during the 4th quarter. Independence Bank of Kentucky now owns 506 shares of the company’s stock valued at $35,000 after purchasing an additional 226 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO opened at $74.92 on Friday. The business has a 50 day simple moving average of $72.33 and a two-hundred day simple moving average of $71.41. The firm has a market capitalization of $40.32 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a one year low of $61.47 and a one year high of $75.03.

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.