Cornerstone Wealth Group LLC Acquires Shares of 10,097 iShares Core Dividend Growth ETF $DGRO

Cornerstone Wealth Group LLC acquired a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGROFree Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,097 shares of the company’s stock, valued at approximately $646,000.

A number of other institutional investors and hedge funds have also bought and sold shares of DGRO. Kingstone Capital Partners Texas LLC bought a new stake in iShares Core Dividend Growth ETF during the 2nd quarter valued at about $175,229,000. Jones Financial Companies Lllp grew its stake in shares of iShares Core Dividend Growth ETF by 38.2% in the first quarter. Jones Financial Companies Lllp now owns 5,837,667 shares of the company’s stock worth $356,986,000 after acquiring an additional 1,612,709 shares during the period. LPL Financial LLC grew its stake in shares of iShares Core Dividend Growth ETF by 6.4% in the first quarter. LPL Financial LLC now owns 15,697,592 shares of the company’s stock worth $969,797,000 after acquiring an additional 941,311 shares during the period. FORM Wealth Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the first quarter worth approximately $41,039,000. Finally, Horizon Investments LLC grew its stake in shares of iShares Core Dividend Growth ETF by 473,952.3% in the first quarter. Horizon Investments LLC now owns 507,236 shares of the company’s stock worth $31,337,000 after acquiring an additional 507,129 shares during the period.

iShares Core Dividend Growth ETF Stock Up 0.7%

Shares of DGRO stock opened at $68.07 on Wednesday. The company has a 50 day moving average price of $67.07 and a 200-day moving average price of $63.76. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $68.88. The firm has a market capitalization of $34.43 billion, a PE ratio of 19.66 and a beta of 0.89.

iShares Core Dividend Growth ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding DGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core Dividend Growth ETF (NYSEARCA:DGROFree Report).

Institutional Ownership by Quarter for iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

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