MBE Wealth Management LLC decreased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO – Free Report) by 2.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,835 shares of the company’s stock after selling 1,101 shares during the period. iShares Core Dividend Growth ETF accounts for 1.4% of MBE Wealth Management LLC’s investment portfolio, making the stock its 15th largest holding. MBE Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $3,186,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of the stock. Essex Financial Services Inc. boosted its holdings in shares of iShares Core Dividend Growth ETF by 3.9% in the 2nd quarter. Essex Financial Services Inc. now owns 157,123 shares of the company’s stock valued at $10,046,000 after buying an additional 5,846 shares in the last quarter. Magnus Financial Group LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 127.2% in the 2nd quarter. Magnus Financial Group LLC now owns 31,541 shares of the company’s stock valued at $2,017,000 after buying an additional 17,661 shares in the last quarter. Meridian Financial LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 3.0% in the 2nd quarter. Meridian Financial LLC now owns 118,024 shares of the company’s stock valued at $7,546,000 after buying an additional 3,451 shares in the last quarter. Sightline Wealth Advisors LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 7.4% in the 2nd quarter. Sightline Wealth Advisors LLC now owns 25,323 shares of the company’s stock valued at $1,619,000 after buying an additional 1,739 shares in the last quarter. Finally, McAdam LLC boosted its stake in iShares Core Dividend Growth ETF by 7.9% during the 2nd quarter. McAdam LLC now owns 8,316 shares of the company’s stock worth $532,000 after purchasing an additional 609 shares during the period.
iShares Core Dividend Growth ETF Price Performance
Shares of NYSEARCA:DGRO opened at $67.28 on Friday. The stock has a market cap of $33.85 billion, a P/E ratio of 19.66 and a beta of 0.89. The firm has a fifty day moving average price of $66.30 and a 200 day moving average price of $63.17. iShares Core Dividend Growth ETF has a 1-year low of $54.09 and a 1-year high of $68.09.
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.
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