iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Position Raised by Alliance Wealth Management Group

Alliance Wealth Management Group boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,076 shares of the company’s stock after purchasing an additional 417 shares during the period. Alliance Wealth Management Group’s holdings in iShares Core Dividend Growth ETF were worth $1,170,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ulland Investment Advisors LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at $27,000. Y.D. More Investments Ltd acquired a new stake in iShares Core Dividend Growth ETF in the 4th quarter valued at about $33,000. Rialto Wealth Management LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter valued at about $33,000. Synergy Investment Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $37,000. Finally, Tompkins Financial Corp bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $41,000.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $61.78 on Tuesday. The firm has a market cap of $30.28 billion, a PE ratio of 21.26 and a beta of 0.89. iShares Core Dividend Growth ETF has a 12 month low of $55.08 and a 12 month high of $65.08. The firm has a 50 day simple moving average of $62.95 and a 200 day simple moving average of $62.83.

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.