Towercrest Capital Management Buys 636 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Towercrest Capital Management raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 0.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 94,222 shares of the company’s stock after purchasing an additional 636 shares during the period. Towercrest Capital Management’s holdings in iShares Core Dividend Growth ETF were worth $5,907,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Adell Harriman & Carpenter Inc. raised its stake in shares of iShares Core Dividend Growth ETF by 1.6% in the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock valued at $665,000 after buying an additional 170 shares in the last quarter. GSG Advisors LLC raised its stake in shares of iShares Core Dividend Growth ETF by 0.5% in the 3rd quarter. GSG Advisors LLC now owns 35,815 shares of the company’s stock valued at $2,238,000 after buying an additional 186 shares in the last quarter. Alta Wealth Advisors LLC raised its stake in shares of iShares Core Dividend Growth ETF by 2.6% in the 3rd quarter. Alta Wealth Advisors LLC now owns 7,693 shares of the company’s stock valued at $482,000 after buying an additional 194 shares in the last quarter. HHM Wealth Advisors LLC raised its stake in shares of iShares Core Dividend Growth ETF by 5.7% in the 2nd quarter. HHM Wealth Advisors LLC now owns 3,730 shares of the company’s stock valued at $215,000 after buying an additional 200 shares in the last quarter. Finally, Ausdal Financial Partners Inc. raised its stake in shares of iShares Core Dividend Growth ETF by 0.8% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 27,434 shares of the company’s stock valued at $1,580,000 after buying an additional 205 shares in the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $64.26 on Friday. The stock has a market cap of $30.42 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The firm has a fifty day moving average of $62.93 and a 200-day moving average of $60.34. iShares Core Dividend Growth ETF has a 52-week low of $51.03 and a 52-week high of $64.52.

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.