FFT Wealth Management LLC Acquires 104,867 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

FFT Wealth Management LLC lifted its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 35.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 404,565 shares of the company’s stock after acquiring an additional 104,867 shares during the quarter. iShares Core Dividend Growth ETF makes up about 1.9% of FFT Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. FFT Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $24,816,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Truvestments Capital LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth about $28,000. Ulland Investment Advisors LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth about $27,000. Y.D. More Investments Ltd acquired a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth about $33,000. Tompkins Financial Corp acquired a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth about $41,000. Finally, SWAN Capital LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the third quarter worth about $50,000.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $63.89 on Wednesday. The stock has a market cap of $30.25 billion, a P/E ratio of 19.25 and a beta of 0.71. The firm has a 50 day simple moving average of $62.62 and a 200 day simple moving average of $62.61. iShares Core Dividend Growth ETF has a 52 week low of $55.08 and a 52 week high of $65.08.

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.