Montz Harcus Wealth Management LLC Makes New Investment in iShares Core Dividend Growth ETF $DGRO

Montz Harcus Wealth Management LLC purchased a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the second quarter, HoldingsChannel.com reports. The fund purchased 3,855 shares of the company’s stock, valued at approximately $246,000.

A number of other large investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in iShares Core Dividend Growth ETF by 6.4% in the 1st quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock worth $969,797,000 after acquiring an additional 941,311 shares during the last quarter. Raymond James Financial Inc. grew its holdings in iShares Core Dividend Growth ETF by 1.7% in the 1st quarter. Raymond James Financial Inc. now owns 10,230,233 shares of the company’s stock worth $632,024,000 after acquiring an additional 174,417 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in iShares Core Dividend Growth ETF by 3.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 7,996,206 shares of the company’s stock worth $494,006,000 after acquiring an additional 229,667 shares during the last quarter. Capital Investment Advisors LLC grew its holdings in iShares Core Dividend Growth ETF by 3.3% in the 2nd quarter. Capital Investment Advisors LLC now owns 7,961,214 shares of the company’s stock worth $509,040,000 after acquiring an additional 257,838 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in iShares Core Dividend Growth ETF by 0.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,745,402 shares of the company’s stock worth $478,511,000 after acquiring an additional 55,058 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.5%

Shares of iShares Core Dividend Growth ETF stock opened at $68.58 on Friday. The company’s fifty day simple moving average is $66.64 and its two-hundred day simple moving average is $63.44. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $68.88. The firm has a market cap of $34.66 billion, a PE ratio of 19.66 and a beta of 0.89.

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.