GRIMES & Co WEALTH MANAGEMENT LLC Acquires 52,221 Shares of iShares Core Dividend Growth ETF $DGRO

GRIMES & Co WEALTH MANAGEMENT LLC acquired a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the third quarter, HoldingsChannel reports. The firm acquired 52,221 shares of the company’s stock, valued at approximately $3,937,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Next Level Wealth Planning LLC acquired a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth $27,000. Financial Freedom LLC bought a new position in iShares Core Dividend Growth ETF during the 1st quarter worth about $35,000. John Boyer Inc. bought a new position in iShares Core Dividend Growth ETF during the 3rd quarter worth about $35,000. IAG Wealth Partners LLC increased its holdings in iShares Core Dividend Growth ETF by 100.7% during the 1st quarter. IAG Wealth Partners LLC now owns 592 shares of the company’s stock worth $42,000 after purchasing an additional 297 shares in the last quarter. Finally, Tompkins Financial Corp acquired a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at about $50,000.

iShares Core Dividend Growth ETF Price Performance

DGRO opened at $80.76 on Wednesday. The company has a market capitalization of $45.09 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76. The business’s 50-day moving average price is $78.21 and its two-hundred day moving average price is $75.25. iShares Core Dividend Growth ETF has a 1 year low of $67.14 and a 1 year high of $81.79.

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.