iShares Core Dividend Growth ETF $DGRO Shares Purchased by Riverbend Wealth Management LLC

Riverbend Wealth Management LLC raised its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 24.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 71,162 shares of the company’s stock after acquiring an additional 14,198 shares during the quarter. iShares Core Dividend Growth ETF comprises approximately 2.4% of Riverbend Wealth Management LLC’s holdings, making the stock its 7th largest position. Riverbend Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $5,365,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in DGRO. Patriot Investment Management Group Inc. raised its holdings in shares of iShares Core Dividend Growth ETF by 7.9% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 24,701 shares of the company’s stock valued at $1,862,000 after purchasing an additional 1,807 shares in the last quarter. Whitener Capital Management Inc. bought a new stake in iShares Core Dividend Growth ETF in the third quarter worth $553,000. Two West Capital Advisors LLC boosted its holdings in iShares Core Dividend Growth ETF by 6.7% in the third quarter. Two West Capital Advisors LLC now owns 6,074 shares of the company’s stock worth $462,000 after purchasing an additional 380 shares in the last quarter. Echo Wealth Management LLC boosted its holdings in iShares Core Dividend Growth ETF by 4.2% in the third quarter. Echo Wealth Management LLC now owns 42,519 shares of the company’s stock worth $3,206,000 after purchasing an additional 1,727 shares in the last quarter. Finally, Community Financial Services Group LLC acquired a new position in iShares Core Dividend Growth ETF during the third quarter worth $268,000.

iShares Core Dividend Growth ETF Price Performance

iShares Core Dividend Growth ETF stock opened at $78.59 on Friday. The company has a market capitalization of $43.80 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76. iShares Core Dividend Growth ETF has a one year low of $67.14 and a one year high of $80.58. The company’s fifty day moving average price is $78.11 and its two-hundred day moving average price is $75.97.

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.