iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Position Increased by Altus Wealth Management LLC

Altus Wealth Management LLC raised its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 2.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 422,929 shares of the company’s stock after buying an additional 10,193 shares during the period. iShares Core Dividend Growth ETF makes up about 11.6% of Altus Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. Altus Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $25,942,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Ulland Investment Advisors LLC acquired a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $27,000. Truvestments Capital LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the third quarter valued at $28,000. Tompkins Financial Corp acquired a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at $41,000. SWAN Capital LLC purchased a new position in iShares Core Dividend Growth ETF in the third quarter valued at $50,000. Finally, Bfsg LLC acquired a new position in iShares Core Dividend Growth ETF during the 3rd quarter worth $61,000.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $63.62 on Tuesday. The business’s 50-day moving average is $62.72 and its two-hundred day moving average is $61.96. The firm has a market capitalization of $30.12 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 1 year low of $54.31 and a 1 year high of $65.08.

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.