Motley Fool Wealth Management LLC Invests $2.15 Million in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Motley Fool Wealth Management LLC bought a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 35,055 shares of the company’s stock, valued at approximately $2,149,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Commerce Bank boosted its position in shares of iShares Core Dividend Growth ETF by 4.2% during the 3rd quarter. Commerce Bank now owns 7,539 shares of the company’s stock valued at $473,000 after purchasing an additional 301 shares in the last quarter. Cerity Partners LLC lifted its stake in iShares Core Dividend Growth ETF by 46.2% in the third quarter. Cerity Partners LLC now owns 76,616 shares of the company’s stock valued at $4,803,000 after buying an additional 24,209 shares during the period. Fisher Asset Management LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $208,000. Truvestments Capital LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the 3rd quarter worth approximately $28,000. Finally, Bank of Montreal Can increased its stake in shares of iShares Core Dividend Growth ETF by 17.5% in the 3rd quarter. Bank of Montreal Can now owns 31,832 shares of the company’s stock valued at $1,986,000 after acquiring an additional 4,747 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.0 %

NYSEARCA:DGRO opened at $61.93 on Thursday. iShares Core Dividend Growth ETF has a 12 month low of $55.08 and a 12 month high of $65.08. The stock has a market capitalization of $30.35 billion, a price-to-earnings ratio of 21.26 and a beta of 0.89. The firm has a fifty day simple moving average of $63.00 and a two-hundred day simple moving average of $62.80.

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.