Atlantic Family Wealth LLC Takes Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Atlantic Family Wealth LLC acquired a new stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,542 shares of the company’s stock, valued at approximately $524,000. iShares Core Dividend Growth ETF comprises 0.6% of Atlantic Family Wealth LLC’s holdings, making the stock its 15th largest position.

Other institutional investors have also modified their holdings of the company. LPL Financial LLC increased its position in iShares Core Dividend Growth ETF by 3.2% during the third quarter. LPL Financial LLC now owns 13,363,898 shares of the company’s stock worth $837,783,000 after purchasing an additional 413,083 shares during the last quarter. PNC Financial Services Group Inc. increased its position in iShares Core Dividend Growth ETF by 1.4% during the third quarter. PNC Financial Services Group Inc. now owns 7,842,422 shares of the company’s stock worth $491,641,000 after purchasing an additional 108,051 shares during the last quarter. Capital Investment Advisors LLC increased its position in iShares Core Dividend Growth ETF by 2.5% during the fourth quarter. Capital Investment Advisors LLC now owns 7,495,566 shares of the company’s stock worth $459,778,000 after purchasing an additional 180,448 shares during the last quarter. MML Investors Services LLC increased its position in iShares Core Dividend Growth ETF by 20.4% during the third quarter. MML Investors Services LLC now owns 3,796,963 shares of the company’s stock worth $238,032,000 after purchasing an additional 644,193 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in iShares Core Dividend Growth ETF by 4.1% during the third quarter. JPMorgan Chase & Co. now owns 3,304,969 shares of the company’s stock worth $207,189,000 after purchasing an additional 130,763 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of DGRO stock opened at $63.76 on Friday. iShares Core Dividend Growth ETF has a one year low of $55.08 and a one year high of $65.08. The company has a 50 day moving average price of $62.59 and a 200 day moving average price of $62.51. The firm has a market capitalization of $30.19 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

iShares Core Dividend Growth ETF Company 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.