Focus Partners Wealth Increases Position in iShares Core Dividend Growth ETF $DGRO

Focus Partners Wealth raised its holdings in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 5.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 675,156 shares of the company’s stock after buying an additional 33,473 shares during the period. Focus Partners Wealth’s holdings in iShares Core Dividend Growth ETF were worth $46,299,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Morgan Stanley boosted its position in shares of iShares Core Dividend Growth ETF by 1.7% during the fourth quarter. Morgan Stanley now owns 19,366,070 shares of the company’s stock valued at $1,344,393,000 after buying an additional 331,748 shares during the period. LPL Financial LLC boosted its position in shares of iShares Core Dividend Growth ETF by 3.3% during the fourth quarter. LPL Financial LLC now owns 18,763,346 shares of the company’s stock valued at $1,302,551,000 after buying an additional 595,710 shares during the period. Bank of America Corp DE boosted its position in shares of iShares Core Dividend Growth ETF by 1.1% during the third quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock valued at $1,270,529,000 after buying an additional 195,211 shares during the period. Wealthfront Advisers LLC boosted its position in shares of iShares Core Dividend Growth ETF by 4.7% during the fourth quarter. Wealthfront Advisers LLC now owns 13,931,233 shares of the company’s stock valued at $967,106,000 after buying an additional 628,342 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of iShares Core Dividend Growth ETF by 4.6% during the third quarter. Raymond James Financial Inc. now owns 10,467,035 shares of the company’s stock valued at $712,596,000 after buying an additional 457,568 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $75.63 on Tuesday. iShares Core Dividend Growth ETF has a 1 year low of $62.05 and a 1 year high of $76.06. The business has a 50 day simple moving average of $73.57 and a two-hundred day simple moving average of $71.97. The firm has a market capitalization of $40.70 billion, a PE ratio of 19.66 and a beta of 0.77.

iShares Core Dividend Growth ETF 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.