Wellington Shields & Co. LLC Purchases Shares of 2,931 iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Wellington Shields & Co. LLC acquired a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,931 shares of the company’s stock, valued at approximately $180,000.

Other large investors also recently modified their holdings of the company. Counterweight Ventures LLC increased its position in shares of iShares Core Dividend Growth ETF by 1.3% during the fourth quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock worth $1,658,000 after buying an additional 349 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $3,573,000. Ranch Capital Advisors Inc. increased its position in shares of iShares Core Dividend Growth ETF by 1.7% during the fourth quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock worth $1,143,000 after buying an additional 317 shares during the period. World Investment Advisors LLC increased its position in shares of iShares Core Dividend Growth ETF by 45.8% during the third quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock worth $2,323,000 after buying an additional 11,634 shares during the period. Finally, Sterling Wealth Advisors Inc acquired a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $1,969,000.

iShares Core Dividend Growth ETF Stock Up 1.4 %

DGRO opened at $61.54 on Friday. iShares Core Dividend Growth ETF has a twelve month low of $55.08 and a twelve month high of $65.08. The company has a fifty day moving average of $62.90 and a 200-day moving average of $62.77. The stock has a market cap of $30.15 billion, a PE ratio of 22.22 and a beta of 0.89.

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.