Northwestern Mutual Wealth Management Co. Buys 36,427 Shares of iShares Core Dividend Growth ETF $DGRO

Northwestern Mutual Wealth Management Co. increased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,078,455 shares of the company’s stock after purchasing an additional 36,427 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.42% of iShares Core Dividend Growth ETF worth $128,407,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Sax Wealth Advisors LLC raised its position in iShares Core Dividend Growth ETF by 26.1% in the 1st quarter. Sax Wealth Advisors LLC now owns 8,275 shares of the company’s stock worth $511,000 after purchasing an additional 1,711 shares during the last quarter. Strategies Wealth Advisors LLC raised its position in iShares Core Dividend Growth ETF by 3.1% in the 1st quarter. Strategies Wealth Advisors LLC now owns 1,241,908 shares of the company’s stock worth $76,725,000 after purchasing an additional 36,827 shares during the last quarter. Hobbs Group Advisors LLC raised its position in iShares Core Dividend Growth ETF by 10.6% in the 1st quarter. Hobbs Group Advisors LLC now owns 6,138 shares of the company’s stock worth $379,000 after purchasing an additional 587 shares during the last quarter. Guidance Point Advisors LLC raised its position in iShares Core Dividend Growth ETF by 0.5% in the 1st quarter. Guidance Point Advisors LLC now owns 52,514 shares of the company’s stock worth $3,244,000 after purchasing an additional 258 shares during the last quarter. Finally, CW Advisors LLC raised its position in iShares Core Dividend Growth ETF by 1,916.6% in the 1st quarter. CW Advisors LLC now owns 94,036 shares of the company’s stock worth $5,810,000 after purchasing an additional 89,373 shares during the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $67.04 on Friday. The company has a 50 day moving average price of $64.75 and a 200 day moving average price of $62.57. iShares Core Dividend Growth ETF has a fifty-two week low of $54.09 and a fifty-two week high of $67.20. The stock has a market capitalization of $33.73 billion, a PE ratio of 19.66 and a beta of 0.89.

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.