Powers Advisory Group LLC Has $20.74 Million Stock Holdings in iShares Core Dividend Growth ETF $DGRO

Powers Advisory Group LLC lifted its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 9.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 295,478 shares of the company’s stock after buying an additional 25,226 shares during the quarter. iShares Core Dividend Growth ETF accounts for about 7.3% of Powers Advisory Group LLC’s holdings, making the stock its 3rd biggest holding. Powers Advisory Group LLC’s holdings in iShares Core Dividend Growth ETF were worth $20,737,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Brighton Jones LLC increased its holdings in iShares Core Dividend Growth ETF by 52.5% in the fourth quarter. Brighton Jones LLC now owns 6,696 shares of the company’s stock valued at $411,000 after buying an additional 2,304 shares during the last quarter. AQR Capital Management LLC boosted its holdings in iShares Core Dividend Growth ETF by 95.4% in the first quarter. AQR Capital Management LLC now owns 13,842 shares of the company’s stock worth $855,000 after purchasing an additional 6,758 shares during the period. Russell Investments Group Ltd. increased its stake in iShares Core Dividend Growth ETF by 114.6% during the second quarter. Russell Investments Group Ltd. now owns 1,204 shares of the company’s stock valued at $77,000 after purchasing an additional 643 shares during the last quarter. Glenview Trust co raised its holdings in shares of iShares Core Dividend Growth ETF by 7.2% during the second quarter. Glenview Trust co now owns 9,516 shares of the company’s stock worth $608,000 after purchasing an additional 637 shares during the period. Finally, Main Street Financial Solutions LLC lifted its position in shares of iShares Core Dividend Growth ETF by 2.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 12,191 shares of the company’s stock worth $779,000 after buying an additional 305 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Up 0.4%

Shares of NYSEARCA:DGRO opened at $75.80 on Friday. The firm has a 50-day simple moving average of $74.22 and a 200 day simple moving average of $72.31. iShares Core Dividend Growth ETF has a fifty-two week low of $63.36 and a fifty-two week high of $76.24. The company has a market cap of $40.79 billion, a PE 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.