iShares Core Dividend Growth ETF $DGRO Shares Acquired by Sheets Smith Wealth Management

Sheets Smith Wealth Management boosted its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 12.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 116,085 shares of the company’s stock after buying an additional 12,954 shares during the quarter. iShares Core Dividend Growth ETF makes up about 0.9% of Sheets Smith Wealth Management’s investment portfolio, making the stock its 20th biggest holding. Sheets Smith Wealth Management’s holdings in iShares Core Dividend Growth ETF were worth $8,147,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Greenline Wealth Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter worth approximately $25,000. Tortoise Investment Management LLC raised its position in shares of iShares Core Dividend Growth ETF by 89.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 379 shares of the company’s stock valued at $26,000 after acquiring an additional 179 shares in the last quarter. Ankerstar Wealth LLC bought a new position in iShares Core Dividend Growth ETF during the fourth quarter worth $26,000. Group One Trading LLC bought a new position in iShares Core Dividend Growth ETF during the third quarter worth $28,000. Finally, Strategic Wealth Investment Group LLC bought a new position in iShares Core Dividend Growth ETF during the second quarter worth $29,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO opened at $74.82 on Friday. The company’s fifty day moving average is $73.91 and its two-hundred day moving average is $72.11. iShares Core Dividend Growth ETF has a 1-year low of $62.05 and a 1-year high of $76.07. The stock has a market capitalization of $40.26 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.