Ellis Investment Partners LLC Purchases 178 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Ellis Investment Partners LLC boosted its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 22,521 shares of the company’s stock after buying an additional 178 shares during the quarter. Ellis Investment Partners LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,381,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Roxbury Financial LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at about $704,000. Accretive Wealth Partners LLC bought a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $936,000. WealthPlan Investment Management LLC increased its stake in iShares Core Dividend Growth ETF by 17.7% during the 4th quarter. WealthPlan Investment Management LLC now owns 317,471 shares of the company’s stock worth $19,474,000 after purchasing an additional 47,843 shares in the last quarter. Adell Harriman & Carpenter Inc. increased its stake in iShares Core Dividend Growth ETF by 7.1% during the 4th quarter. Adell Harriman & Carpenter Inc. now owns 11,363 shares of the company’s stock worth $697,000 after purchasing an additional 750 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its stake in iShares Core Dividend Growth ETF by 25.5% during the 4th quarter. Valeo Financial Advisors LLC now owns 14,458 shares of the company’s stock worth $887,000 after purchasing an additional 2,934 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $63.81 on Friday. The business has a 50 day simple moving average of $62.53 and a 200 day simple moving average of $62.34. iShares Core Dividend Growth ETF has a 52-week low of $55.08 and a 52-week high of $65.08. The stock has a market cap of $30.21 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.