Northwestern Mutual Wealth Management Co. Has $164.82 Million Position in iShares Core Dividend Growth ETF $DGRO

Northwestern Mutual Wealth Management Co. boosted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,374,253 shares of the company’s stock after buying an additional 73,186 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.45% of iShares Core Dividend Growth ETF worth $164,821,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in DGRO. Brighton Jones LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 52.5% during the fourth quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock worth $411,000 after acquiring an additional 2,304 shares during the period. AQR Capital Management LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 95.4% during the first quarter. AQR Capital Management LLC now owns 13,842 shares of the company’s stock worth $855,000 after acquiring an additional 6,758 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of iShares Core Dividend Growth ETF by 114.6% during the second quarter. Russell Investments Group Ltd. now owns 1,204 shares of the company’s stock worth $77,000 after acquiring an additional 643 shares during the period. Glenview Trust co boosted its holdings in shares of iShares Core Dividend Growth ETF by 7.2% during the second quarter. Glenview Trust co now owns 9,516 shares of the company’s stock worth $608,000 after acquiring an additional 637 shares during the period. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 2.6% during the second quarter. Main Street Financial Solutions LLC now owns 12,191 shares of the company’s stock worth $779,000 after acquiring an additional 305 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

Shares of iShares Core Dividend Growth ETF stock opened at $74.67 on Friday. The firm has a 50-day moving average of $72.22 and a 200-day moving average of $71.38. The stock has a market cap of $40.18 billion, a PE ratio of 19.66 and a beta of 0.77. iShares Core Dividend Growth ETF has a 52-week low of $61.47 and a 52-week high of $75.03.

About iShares Core Dividend Growth ETF

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.