Bluedoor Private Wealth LLC Invests $1.94 Million in iShares Core Dividend Growth ETF $DGRO

Bluedoor Private Wealth LLC bought a new position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, HoldingsChannel.com reports. The fund bought 27,998 shares of the company’s stock, valued at approximately $1,944,000. iShares Core Dividend Growth ETF makes up approximately 0.9% of Bluedoor Private Wealth LLC’s holdings, making the stock its 28th biggest holding.

A number of other hedge funds have also modified their holdings of DGRO. Morgan Stanley increased its holdings in iShares Core Dividend Growth ETF by 1.7% during the 4th quarter. Morgan Stanley now owns 19,366,070 shares of the company’s stock valued at $1,344,393,000 after purchasing an additional 331,748 shares in the last quarter. LPL Financial LLC increased its holdings in iShares Core Dividend Growth ETF by 3.3% during the 4th quarter. LPL Financial LLC now owns 18,763,346 shares of the company’s stock valued at $1,302,551,000 after purchasing an additional 595,710 shares in the last quarter. Bank of America Corp DE increased its holdings in iShares Core Dividend Growth ETF by 1.1% during the 3rd quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock valued at $1,270,529,000 after purchasing an additional 195,211 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in iShares Core Dividend Growth ETF by 4.7% during the 4th quarter. Wealthfront Advisers LLC now owns 13,931,233 shares of the company’s stock valued at $967,106,000 after purchasing an additional 628,342 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in iShares Core Dividend Growth ETF by 4.6% during the 3rd quarter. Raymond James Financial Inc. now owns 10,467,035 shares of the company’s stock valued at $712,596,000 after purchasing an additional 457,568 shares in the last quarter.

iShares Core Dividend Growth ETF Price Performance

DGRO stock opened at $75.63 on Tuesday. The business has a fifty day moving average price of $73.57 and a 200 day moving average price of $71.97. iShares Core Dividend Growth ETF has a fifty-two week low of $62.05 and a fifty-two week high of $76.06. The stock has a market capitalization of $40.70 billion, a price-to-earnings ratio of 19.66 and a beta of 0.77.

About iShares Core Dividend Growth ETF

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.