Gallacher Capital Management LLC Raises Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Gallacher Capital Management LLC raised its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,817 shares of the company’s stock after buying an additional 486 shares during the quarter. iShares Core Dividend Growth ETF comprises about 1.1% of Gallacher Capital Management LLC’s portfolio, making the stock its 17th biggest holding. Gallacher Capital Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $2,179,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of DGRO. Cetera Investment Advisers lifted its holdings in shares of iShares Core Dividend Growth ETF by 319.5% in the 1st quarter. Cetera Investment Advisers now owns 1,922,423 shares of the company’s stock worth $111,616,000 after acquiring an additional 1,464,167 shares during the last quarter. Strategic Financial Concepts LLC raised its position in iShares Core Dividend Growth ETF by 1,953.2% in the second quarter. Strategic Financial Concepts LLC now owns 1,285,983 shares of the company’s stock valued at $741,000 after purchasing an additional 1,223,349 shares during the period. Wells Fargo & Company MN lifted its stake in iShares Core Dividend Growth ETF by 11.0% during the fourth quarter. Wells Fargo & Company MN now owns 5,252,724 shares of the company’s stock worth $282,702,000 after purchasing an additional 518,671 shares in the last quarter. Sweeney & Michel LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the first quarter worth $20,180,000. Finally, Oppenheimer & Co. Inc. grew its stake in shares of iShares Core Dividend Growth ETF by 187.3% in the fourth quarter. Oppenheimer & Co. Inc. now owns 438,752 shares of the company’s stock valued at $23,614,000 after buying an additional 286,061 shares in the last quarter.

iShares Core Dividend Growth ETF Trading Down 1.0 %

DGRO opened at $60.43 on Friday. The stock’s 50-day moving average price is $59.71 and its 200 day moving average price is $57.99. iShares Core Dividend Growth ETF has a 12-month low of $47.19 and a 12-month high of $62.19. The firm has a market cap of $28.61 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.