Sanctuary Wealth Management L.L.C. Buys 349 Shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Sanctuary Wealth Management L.L.C. boosted its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 12.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,087 shares of the company’s stock after purchasing an additional 349 shares during the quarter. Sanctuary Wealth Management L.L.C.’s holdings in iShares Core Dividend Growth ETF were worth $189,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DGRO. Counterweight Ventures LLC grew its position in iShares Core Dividend Growth ETF by 1.3% during the 4th quarter. Counterweight Ventures LLC now owns 27,031 shares of the company’s stock worth $1,658,000 after acquiring an additional 349 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $3,573,000. Ranch Capital Advisors Inc. increased its stake in shares of iShares Core Dividend Growth ETF by 1.7% in the fourth quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock valued at $1,143,000 after buying an additional 317 shares in the last quarter. World Investment Advisors LLC raised its holdings in shares of iShares Core Dividend Growth ETF by 45.8% in the third quarter. World Investment Advisors LLC now owns 37,058 shares of the company’s stock valued at $2,323,000 after buying an additional 11,634 shares during the last quarter. Finally, Sterling Wealth Advisors Inc acquired a new position in iShares Core Dividend Growth ETF during the 4th quarter worth about $1,969,000.

iShares Core Dividend Growth ETF Stock Down 1.2 %

Shares of NYSEARCA:DGRO opened at $61.15 on Friday. The firm has a market cap of $29.97 billion, a P/E ratio of 21.26 and a beta of 0.89. iShares Core Dividend Growth ETF has a 12 month low of $55.08 and a 12 month high of $65.08. The company’s 50-day moving average price is $62.97 and its two-hundred day moving average price is $62.81.

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.