XY Planning Network Inc. Purchases New Stake in iShares Core Dividend Growth ETF $DGRO

XY Planning Network Inc. purchased a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 8,487 shares of the company’s stock, valued at approximately $643,000.

A number of other hedge funds have also recently modified their holdings of DGRO. Greenline Wealth Management LLC bought a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter valued at about $25,000. Ankerstar Wealth LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter worth about $26,000. MBM Wealth Consultants LLC purchased a new position in iShares Core Dividend Growth ETF during the 1st quarter valued at about $27,000. Group One Trading LLC purchased a new position in iShares Core Dividend Growth ETF during the 3rd quarter valued at about $28,000. Finally, Strategic Wealth Investment Group LLC bought a new position in iShares Core Dividend Growth ETF during the 2nd quarter valued at approximately $29,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $78.04 on Thursday. iShares Core Dividend Growth ETF has a fifty-two week low of $66.92 and a fifty-two week high of $80.58. The stock has a 50 day simple moving average of $78.49 and a two-hundred day simple moving average of $74.98. The stock has a market cap of $42.77 billion, a P/E ratio of 19.66 and a beta of 0.76.

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.