76,601 Shares in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) Purchased by JPL Wealth Management LLC

JPL Wealth Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 76,601 shares of the company’s stock, valued at approximately $4,699,000. iShares Core Dividend Growth ETF makes up 1.3% of JPL Wealth Management LLC’s investment portfolio, making the stock its 19th biggest holding.

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 purchased a new stake in 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 3rd quarter worth approximately $28,000. Y.D. More Investments Ltd acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter worth approximately $33,000. Rialto Wealth Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $33,000. Finally, Synergy Investment Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at approximately $37,000.

iShares Core Dividend Growth ETF Stock Down 0.7 %

Shares of DGRO opened at $61.16 on Thursday. iShares Core Dividend Growth ETF has a 52-week low of $55.08 and a 52-week high of $65.08. The firm has a market cap of $29.97 billion, a price-to-earnings ratio of 22.22 and a beta of 0.89. The business’s 50 day moving average is $62.92 and its two-hundred day moving average is $62.80.

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.