Sheets Smith Wealth Management Purchases 13,526 Shares of iShares Core Dividend Growth ETF $DGRO

Sheets Smith Wealth Management boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 15.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 103,131 shares of the company’s stock after buying an additional 13,526 shares during the quarter. iShares Core Dividend Growth ETF makes up about 0.8% of Sheets Smith Wealth Management’s holdings, making the stock its 29th biggest position. Sheets Smith Wealth Management’s holdings in iShares Core Dividend Growth ETF were worth $7,159,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its holdings in iShares Core Dividend Growth ETF by 16.4% during the third quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock valued at $583,076,000 after acquiring an additional 1,211,980 shares during the period. Ameriprise Financial Inc. grew its position in shares of iShares Core Dividend Growth ETF by 15.8% in the second quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock valued at $504,803,000 after purchasing an additional 1,080,418 shares during the last quarter. Wellington Management Group LLP bought a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth about $65,915,000. MML Investors Services LLC increased its stake in shares of iShares Core Dividend Growth ETF by 25.9% in the second quarter. MML Investors Services LLC now owns 4,534,983 shares of the company’s stock worth $289,967,000 after purchasing an additional 934,207 shares during the period. Finally, HighTower Advisors LLC lifted its position in shares of iShares Core Dividend Growth ETF by 15.7% during the 3rd quarter. HighTower Advisors LLC now owns 4,961,939 shares of the company’s stock worth $337,810,000 after purchasing an additional 673,706 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

Shares of NYSEARCA:DGRO opened at $70.31 on Friday. The business has a 50 day moving average price of $71.90 and a 200 day moving average price of $70.02. iShares Core Dividend Growth ETF has a twelve month low of $54.09 and a twelve month high of $74.28. The company has a market cap of $37.61 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84.

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.