Modern Wealth Management LLC Makes New Investment in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Modern Wealth Management LLC purchased a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 11,996 shares of the company’s stock, valued at approximately $762,000.

Other large investors have also recently made changes to their positions in the company. Ulland Investment Advisors LLC purchased a new stake in iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $27,000. Truvestments Capital LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at $28,000. Y.D. More Investments Ltd acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter worth about $33,000. Rialto Wealth Management LLC purchased a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at about $33,000. Finally, Synergy Investment Management LLC acquired a new position in iShares Core Dividend Growth ETF in the 4th quarter valued at about $37,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO opened at $61.93 on Thursday. The company’s 50-day simple moving average is $63.00 and its 200-day simple moving average is $62.80. iShares Core Dividend Growth ETF has a 1 year low of $55.08 and a 1 year high of $65.08. The stock has a market capitalization of $30.35 billion, a PE ratio of 21.26 and a beta of 0.89.

iShares Core Dividend Growth ETF Company 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.