iShares Core Dividend Growth ETF $DGRO is Powers Advisory Group LLC’s 3rd Largest Position

Powers Advisory Group LLC grew its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 9.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 295,478 shares of the company’s stock after acquiring an additional 25,226 shares during the quarter. iShares Core Dividend Growth ETF comprises 7.3% of Powers Advisory Group LLC’s portfolio, making the stock its 3rd biggest position. Powers Advisory Group LLC owned about 0.05% of iShares Core Dividend Growth ETF worth $20,737,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Auto Owners Insurance Co lifted its position in iShares Core Dividend Growth ETF by 9,203.2% during the 4th quarter. Auto Owners Insurance Co now owns 47,865,090 shares of the company’s stock worth $332,280,000 after acquiring an additional 47,350,590 shares in the last quarter. Royal Bank of Canada increased its position in shares of iShares Core Dividend Growth ETF by 24.0% during the fourth quarter. Royal Bank of Canada now owns 8,137,125 shares of the company’s stock worth $564,879,000 after acquiring an additional 1,576,241 shares during the last quarter. Quotient Wealth Partners LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the first quarter worth about $85,806,000. SHP Wealth Management acquired a new stake in iShares Core Dividend Growth ETF during the 4th quarter valued at approximately $84,235,000. Finally, Ameriprise Financial Inc. increased its holdings in iShares Core Dividend Growth ETF by 15.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock worth $504,803,000 after purchasing an additional 1,080,418 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.4%

Shares of DGRO opened at $75.80 on Friday. The business’s 50 day moving average is $74.22 and its two-hundred day moving average is $72.31. iShares Core Dividend Growth ETF has a 52-week low of $63.36 and a 52-week high of $76.24. The firm has a market cap of $40.79 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77.

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.