WealthPLAN Partners LLC Makes New $14.46 Million Investment in iShares Core Dividend Growth ETF $DGRO

WealthPLAN Partners LLC acquired a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 191,864 shares of the company’s stock, valued at approximately $14,465,000. iShares Core Dividend Growth ETF comprises approximately 2.6% of WealthPLAN Partners LLC’s portfolio, making the stock its 5th biggest position.

Several other hedge funds also recently bought and sold shares of DGRO. Summit Financial Wealth Advisors LLC purchased a new stake in shares of iShares Core Dividend Growth ETF during the third quarter valued at $1,442,000. Curated Wealth Partners LLC bought a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth about $2,296,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of iShares Core Dividend Growth ETF by 12.5% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 72,127 shares of the company’s stock worth $5,438,000 after purchasing an additional 8,021 shares during the last quarter. HBW Advisory Services LLC increased its stake in iShares Core Dividend Growth ETF by 4.8% in the 3rd quarter. HBW Advisory Services LLC now owns 10,553 shares of the company’s stock worth $796,000 after buying an additional 487 shares during the period. Finally, ASL Financial LLC increased its stake in iShares Core Dividend Growth ETF by 7.1% in the 3rd quarter. ASL Financial LLC now owns 9,547 shares of the company’s stock worth $720,000 after buying an additional 635 shares during the period.

iShares Core Dividend Growth ETF Stock Up 0.9%

DGRO traded up $0.69 on Thursday, reaching $78.64. 928,504 shares of the company traded hands, compared to its average volume of 1,837,078. iShares Core Dividend Growth ETF has a one year low of $67.14 and a one year high of $80.58. The firm has a fifty day simple moving average of $78.13 and a two-hundred day simple moving average of $75.90. The company has a market cap of $43.83 billion, a P/E ratio of 19.66 and a beta of 0.76.

About iShares Core Dividend Growth ETF

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.