Beacon Advisors Holdings LLC Takes $10.62 Million Position in iShares Core Dividend Growth ETF $DGRO

Beacon Advisors Holdings LLC purchased a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 153,028 shares of the company’s stock, valued at approximately $10,623,000. iShares Core Dividend Growth ETF accounts for approximately 5.6% of Beacon Advisors Holdings LLC’s portfolio, making the stock its 5th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. AlphaCore Capital LLC lifted its holdings in iShares Core Dividend Growth ETF by 119.2% in the 3rd quarter. AlphaCore Capital LLC now owns 89,396 shares of the company’s stock valued at $6,086,000 after purchasing an additional 48,607 shares in the last quarter. D.A. Davidson & CO. raised its position in shares of iShares Core Dividend Growth ETF by 9.7% in the fourth quarter. D.A. Davidson & CO. now owns 137,795 shares of the company’s stock valued at $9,566,000 after buying an additional 12,183 shares during the last quarter. CVA Family Office LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 91.3% in the fourth quarter. CVA Family Office LLC now owns 116,205 shares of the company’s stock worth $8,067,000 after buying an additional 55,475 shares in the last quarter. Avior Wealth Management LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 7.7% in the fourth quarter. Avior Wealth Management LLC now owns 1,907,665 shares of the company’s stock worth $132,430,000 after buying an additional 135,877 shares in the last quarter. Finally, Pallas Capital Advisors LLC boosted its position in iShares Core Dividend Growth ETF by 81.7% during the fourth quarter. Pallas Capital Advisors LLC now owns 20,555 shares of the company’s stock worth $1,427,000 after acquiring an additional 9,241 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Down 0.2%

Shares of NYSEARCA DGRO opened at $74.82 on Friday. The stock has a market cap of $40.26 billion, a PE ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 12-month low of $62.05 and a 12-month high of $76.07. The company has a 50-day moving average of $73.85 and a 200 day moving average of $72.09.

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.