Gratus Wealth Advisors LLC Increases Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Gratus Wealth Advisors LLC lifted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 6.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,199,535 shares of the company’s stock after buying an additional 77,673 shares during the period. iShares Core Dividend Growth ETF makes up approximately 11.8% of Gratus Wealth Advisors LLC’s holdings, making the stock its largest holding. Gratus Wealth Advisors LLC owned about 0.25% of iShares Core Dividend Growth ETF worth $73,579,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. LPL Financial LLC increased its position in shares of iShares Core Dividend Growth ETF by 10.4% in the fourth quarter. LPL Financial LLC now owns 14,756,281 shares of the company’s stock valued at $905,150,000 after acquiring an additional 1,392,383 shares during the period. Raymond James Financial Inc. purchased a new position in iShares Core Dividend Growth ETF during the 4th quarter valued at about $616,824,000. Commonwealth Equity Services LLC increased its holdings in iShares Core Dividend Growth ETF by 9.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,766,539 shares of the company’s stock valued at $476,399,000 after purchasing an additional 673,044 shares during the period. Capital Investment Advisors LLC lifted its holdings in iShares Core Dividend Growth ETF by 2.5% in the 4th quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock worth $459,778,000 after buying an additional 180,448 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in iShares Core Dividend Growth ETF by 17.7% in the 4th quarter. Wells Fargo & Company MN now owns 6,198,943 shares of the company’s stock worth $380,243,000 after buying an additional 932,713 shares during the period.

iShares Core Dividend Growth ETF Stock Performance

DGRO opened at $57.94 on Thursday. The stock has a market capitalization of $28.51 billion, a PE ratio of 20.41 and a beta of 0.86. The stock’s 50 day moving average price is $61.51 and its 200-day moving average price is $62.42. iShares Core Dividend Growth ETF has a 52-week low of $54.09 and a 52-week 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.