Kingswood Wealth Advisors LLC Raises Stock Position in iShares Core Dividend Growth ETF $DGRO

Kingswood Wealth Advisors LLC increased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 23.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 88,074 shares of the company’s stock after acquiring an additional 16,499 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $6,114,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its holdings in iShares Core Dividend Growth ETF by 1.1% in the 3rd quarter. Bank of America Corp DE now owns 18,662,292 shares of the company’s stock worth $1,270,529,000 after acquiring an additional 195,211 shares in the last quarter. Raymond James Financial Inc. increased its holdings in iShares Core Dividend Growth ETF by 4.6% in the 3rd quarter. Raymond James Financial Inc. now owns 10,467,035 shares of the company’s stock worth $712,596,000 after acquiring an additional 457,568 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in iShares Core Dividend Growth ETF by 16.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 8,606,166 shares of the company’s stock worth $583,076,000 after acquiring an additional 1,211,980 shares in the last quarter. Capital Investment Advisors LLC increased its holdings in iShares Core Dividend Growth ETF by 2.7% in the 4th quarter. Capital Investment Advisors LLC now owns 8,339,921 shares of the company’s stock worth $578,957,000 after acquiring an additional 215,540 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in iShares Core Dividend Growth ETF by 15.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,904,167 shares of the company’s stock worth $504,803,000 after acquiring an additional 1,080,418 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO opened at $72.76 on Wednesday. The firm has a market cap of $39.18 billion, a PE ratio of 19.66 and a beta of 0.80. The firm has a fifty day moving average of $71.81 and a 200 day moving average of $70.42. iShares Core Dividend Growth ETF has a one year low of $57.58 and a one year high of $74.28.

iShares Core Dividend Growth ETF Company 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.