Powers Advisory Group LLC Acquires 10,778 Shares of iShares Core Dividend Growth ETF $DGRO

Powers Advisory Group LLC grew its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 4.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 270,252 shares of the company’s stock after purchasing an additional 10,778 shares during the period. iShares Core Dividend Growth ETF comprises 7.1% of Powers Advisory Group LLC’s portfolio, making the stock its 2nd largest holding. Powers Advisory Group LLC owned about 0.05% of iShares Core Dividend Growth ETF worth $18,761,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Echo Wealth Management LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 30.3% in the 4th quarter. Echo Wealth Management LLC now owns 56,281 shares of the company’s stock valued at $3,907,000 after purchasing an additional 13,081 shares during the period. Wetzel Investment Advisors Inc. acquired a new position in shares of iShares Core Dividend Growth ETF in the 4th quarter valued at about $234,000. Altus Wealth Management LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 1.2% in the 4th quarter. Altus Wealth Management LLC now owns 439,942 shares of the company’s stock valued at $30,541,000 after purchasing an additional 5,091 shares during the period. Westfuller Advisors LLC increased its holdings in shares of iShares Core Dividend Growth ETF by 0.6% in the 4th quarter. Westfuller Advisors LLC now owns 33,547 shares of the company’s stock valued at $2,329,000 after purchasing an additional 215 shares during the period. Finally, Ledyard National Bank increased its holdings in shares of iShares Core Dividend Growth ETF by 8.0% in the 4th quarter. Ledyard National Bank now owns 1,222,546 shares of the company’s stock valued at $84,869,000 after purchasing an additional 90,122 shares during the period.

iShares Core Dividend Growth ETF Price Performance

Shares of DGRO opened at $72.02 on Thursday. The company has a market capitalization of $38.61 billion, a price-to-earnings ratio of 19.66 and a beta of 0.80. iShares Core Dividend Growth ETF has a fifty-two week low of $54.41 and a fifty-two week high of $74.28. The business’s 50-day moving average is $71.87 and its 200-day moving average is $70.11.

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.