Kestra Advisory Services LLC Raises Stock Position in iShares Core Dividend Growth ETF $DGRO

Kestra Advisory Services LLC grew its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 16.4% in the first quarter, Holdings Channel.com reports. The fund owned 797,552 shares of the company’s stock after purchasing an additional 112,186 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Core Dividend Growth ETF were worth $55,972,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DGRO. Greenline Wealth Management LLC acquired a new stake in iShares Core Dividend Growth ETF in the fourth quarter valued at $25,000. Tortoise Investment Management LLC raised its stake in shares of iShares Core Dividend Growth ETF by 89.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock worth $26,000 after buying an additional 179 shares during the last quarter. Ankerstar Wealth LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth $26,000. MBM Wealth Consultants LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the 1st quarter worth about $27,000. Finally, Group One Trading LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter worth about $28,000.

iShares Core Dividend Growth ETF Trading Up 0.1%

Shares of NYSEARCA DGRO opened at $76.92 on Friday. The company’s 50-day moving average price is $74.92 and its 200 day moving average price is $72.78. iShares Core Dividend Growth ETF has a 52 week low of $63.76 and a 52 week high of $78.06. The stock has a market cap of $41.88 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77.

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.