Destination Wealth Management Purchases 213 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Destination Wealth Management increased its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 3.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,764 shares of the company’s stock after buying an additional 213 shares during the quarter. Destination Wealth Management’s holdings in iShares Core Dividend Growth ETF were worth $390,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Fisher Asset Management LLC lifted its position in iShares Core Dividend Growth ETF by 3.6% during the 4th quarter. Fisher Asset Management LLC now owns 5,166 shares of the company’s stock worth $278,000 after buying an additional 179 shares in the last quarter. Blue Bell Private Wealth Management LLC raised its holdings in iShares Core Dividend Growth ETF by 6.8% during the first quarter. Blue Bell Private Wealth Management LLC now owns 2,865 shares of the company’s stock worth $166,000 after acquiring an additional 182 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its position in iShares Core Dividend Growth ETF by 2.7% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 7,086 shares of the company’s stock valued at $411,000 after purchasing an additional 186 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in iShares Core Dividend Growth ETF by 2.8% in the first quarter. Sequoia Financial Advisors LLC now owns 8,289 shares of the company’s stock valued at $481,000 after purchasing an additional 228 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its position in shares of iShares Core Dividend Growth ETF by 0.5% during the 1st quarter. Harbor Investment Advisory LLC now owns 44,589 shares of the company’s stock worth $2,589,000 after purchasing an additional 231 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO stock traded up $0.57 during trading hours on Friday, reaching $61.44. The stock had a trading volume of 1,391,184 shares, compared to its average volume of 1,421,708. The stock has a 50-day simple moving average of $58.96 and a 200 day simple moving average of $57.55. iShares Core Dividend Growth ETF has a fifty-two week low of $47.19 and a fifty-two week high of $61.47. The stock has a market capitalization of $29.09 billion, a PE ratio of 19.25 and a beta of 0.71.

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.