BKM Wealth Management LLC Has $432,000 Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

BKM Wealth Management LLC decreased its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,045 shares of the company’s stock after selling 308 shares during the period. BKM Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $432,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DGRO. Ulland Investment Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at about $27,000. Truvestments Capital LLC acquired a new position in iShares Core Dividend Growth ETF during the third quarter valued at approximately $28,000. Y.D. More Investments Ltd bought a new stake in iShares Core Dividend Growth ETF in the fourth quarter valued at approximately $33,000. Tompkins Financial Corp acquired a new stake in iShares Core Dividend Growth ETF in the fourth quarter worth $41,000. Finally, New Wave Wealth Advisors LLC bought a new position in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $49,000.

iShares Core Dividend Growth ETF Stock Down 0.4 %

DGRO opened at $63.81 on Tuesday. The stock has a market cap of $30.21 billion, a P/E ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 12 month low of $55.08 and a 12 month high of $65.08. The company has a fifty day simple moving average of $62.53 and a 200 day simple moving average of $62.38.

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.