Worth Asset Management LLC Increases Holdings in iShares Core Dividend Growth ETF $DGRO

Worth Asset Management LLC boosted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 81.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,109 shares of the company’s stock after purchasing an additional 14,439 shares during the quarter. Worth Asset Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Weaver Consulting Group increased its stake in iShares Core Dividend Growth ETF by 1.6% in the third quarter. Weaver Consulting Group now owns 48,240 shares of the company’s stock valued at $3,637,000 after acquiring an additional 745 shares during the last quarter. Nautilus Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at about $414,000. Tompkins Financial Corp purchased a new stake in shares of iShares Core Dividend Growth ETF in the 3rd quarter valued at $50,000. Eastover Investment Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF during the 3rd quarter valued at $331,000. Finally, Ferguson Wellman Capital Management Inc. purchased a new position in iShares Core Dividend Growth ETF in the 3rd quarter worth $1,249,000.

iShares Core Dividend Growth ETF Stock Down 0.1%

Shares of DGRO traded down $0.08 during trading hours on Wednesday, hitting $76.47. The company had a trading volume of 755,006 shares, compared to its average volume of 1,855,590. The stock’s 50 day moving average price is $78.27 and its 200 day moving average price is $75.57. iShares Core Dividend Growth ETF has a 52-week low of $66.92 and a 52-week high of $80.58. The firm has a market cap of $42.52 billion, a P/E ratio of 19.66 and a beta of 0.76.

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.