Kingswood Wealth Advisors LLC Purchases 2,963 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Kingswood Wealth Advisors LLC raised its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 18.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,784 shares of the company’s stock after buying an additional 2,963 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,091,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vima LLC acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter valued at approximately $25,000. Raleigh Capital Management Inc. acquired a new stake in iShares Core Dividend Growth ETF in the third quarter valued at about $26,000. Voisard Asset Management Group Inc. bought a new position in iShares Core Dividend Growth ETF in the fourth quarter valued at about $27,000. Private Wealth Management Group LLC acquired a new position in iShares Core Dividend Growth ETF during the fourth quarter worth about $36,000. Finally, Parkside Financial Bank & Trust bought a new position in shares of iShares Core Dividend Growth ETF in the fourth quarter worth about $45,000.

iShares Core Dividend Growth ETF Price Performance

DGRO stock traded down $0.14 during trading on Wednesday, reaching $57.63. 900,731 shares of the company were exchanged, compared to its average volume of 1,462,735. The company has a market capitalization of $27.28 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The company has a 50-day moving average of $57.27 and a two-hundred day moving average of $56.01. iShares Core Dividend Growth ETF has a twelve month low of $47.19 and a twelve month high of $58.61.

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.