Marcum Wealth LLC Has $542,000 Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Marcum Wealth LLC grew its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 27.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,405 shares of the company’s stock after purchasing an additional 2,000 shares during the period. Marcum Wealth LLC’s holdings in iShares Core Dividend Growth ETF were worth $542,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in DGRO. TIAA Trust National Association bought a new position in iShares Core Dividend Growth ETF during the fourth quarter worth $360,000. Breakwater Capital Group boosted its position in iShares Core Dividend Growth ETF by 14.4% during the fourth quarter. Breakwater Capital Group now owns 5,424 shares of the company’s stock worth $294,000 after purchasing an additional 683 shares during the period. International Assets Investment Management LLC bought a new position in iShares Core Dividend Growth ETF during the fourth quarter worth $38,154,000. Arkadios Wealth Advisors boosted its position in shares of iShares Core Dividend Growth ETF by 129.9% in the fourth quarter. Arkadios Wealth Advisors now owns 15,846 shares of the company’s stock valued at $853,000 after acquiring an additional 8,953 shares during the period. Finally, Allworth Financial LP boosted its position in shares of iShares Core Dividend Growth ETF by 5.9% in the fourth quarter. Allworth Financial LP now owns 50,369 shares of the company’s stock valued at $2,711,000 after acquiring an additional 2,793 shares during the period.

iShares Core Dividend Growth ETF Price Performance

DGRO stock traded down $1.39 during midday trading on Monday, reaching $57.83. The company had a trading volume of 2,807,368 shares, compared to its average volume of 1,457,069. The company has a market capitalization of $27.38 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71. The stock has a 50 day moving average price of $58.25 and a 200-day moving average price of $57.06. iShares Core Dividend Growth ETF has a 1-year low of $47.19 and a 1-year high of $60.66.

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.