iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Shares Purchased by Marcum Wealth LLC

Marcum Wealth LLC raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 27.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,405 shares of the company’s stock after purchasing an additional 2,000 shares during the quarter. Marcum Wealth LLC’s holdings in iShares Core Dividend Growth ETF were worth $542,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in DGRO. Vima LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth about $25,000. LifeSteps Financial Inc. acquired a new position in iShares Core Dividend Growth ETF in the first quarter valued at approximately $27,000. Horrell Capital Management Inc. acquired a new position in shares of iShares Core Dividend Growth ETF during the first quarter worth approximately $29,000. Voisard Asset Management Group Inc. acquired a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter worth approximately $27,000. Finally, Private Wealth Management Group LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter worth approximately $36,000.

iShares Core Dividend Growth ETF Trading Down 2.3 %

NYSEARCA:DGRO traded down $1.39 during mid-day trading on Monday, reaching $57.83. 2,807,368 shares of the stock were exchanged, compared to its average volume of 1,457,069. iShares Core Dividend Growth ETF has a 1-year low of $47.19 and a 1-year high of $60.66. The firm has a market capitalization of $27.38 billion, a PE ratio of 19.25 and a beta of 0.71. The business has a fifty day moving average price of $58.25 and a 200 day moving average price of $57.06.

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.