iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Bought by Powers Advisory Group LLC

Powers Advisory Group LLC lifted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 181,136 shares of the company’s stock after acquiring an additional 4,202 shares during the period. iShares Core Dividend Growth ETF makes up about 6.0% of Powers Advisory Group LLC’s investment portfolio, making the stock its 3rd largest position. Powers Advisory Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $10,517,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Vima LLC acquired a new position in iShares Core Dividend Growth ETF in the 4th quarter valued at about $25,000. Voisard Asset Management Group Inc. acquired a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $27,000. Raleigh Capital Management Inc. acquired a new position in iShares Core Dividend Growth ETF in the 3rd quarter valued at $26,000. Private Wealth Management Group LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $36,000. Finally, ZRC Wealth Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the first quarter valued at about $44,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA:DGRO traded up $0.02 during mid-day trading on Thursday, reaching $57.70. 529,003 shares of the company’s stock were exchanged, compared to its average volume of 1,475,021. iShares Core Dividend Growth ETF has a one year low of $47.19 and a one year high of $58.61. The business’s fifty day simple moving average is $57.42 and its two-hundred day simple moving average is $56.17. The firm has a market capitalization of $27.32 billion, a PE ratio of 19.25 and a beta of 0.71.

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.