Royal Fund Management LLC Has $8.86 Million Holdings in iShares Core Dividend Growth ETF $DGRO

Royal Fund Management LLC grew its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 36.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 127,649 shares of the company’s stock after buying an additional 34,122 shares during the quarter. Royal Fund Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $8,861,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. LifeGoal Investments LLC increased its holdings in iShares Core Dividend Growth ETF by 17.3% during the 4th quarter. LifeGoal Investments LLC now owns 193,627 shares of the company’s stock valued at $13,441,000 after purchasing an additional 28,614 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in iShares Core Dividend Growth ETF by 754.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 60,360 shares of the company’s stock worth $4,235,000 after purchasing an additional 53,297 shares in the last quarter. Brookstone Capital Management boosted its stake in iShares Core Dividend Growth ETF by 4.0% in the fourth quarter. Brookstone Capital Management now owns 24,101 shares of the company’s stock worth $1,673,000 after purchasing an additional 934 shares in the last quarter. Bernard Wealth Management Corp. grew its holdings in shares of iShares Core Dividend Growth ETF by 1.7% during the fourth quarter. Bernard Wealth Management Corp. now owns 127,275 shares of the company’s stock worth $8,835,000 after purchasing an additional 2,177 shares during the last quarter. Finally, Polaris Investment Advisors LLC bought a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth $223,000.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA:DGRO opened at $68.98 on Tuesday. The business has a fifty day moving average of $71.97 and a 200-day moving average of $69.98. iShares Core Dividend Growth ETF has a twelve month low of $54.09 and a twelve month high of $74.28. The firm has a market cap of $36.01 billion, a PE ratio of 19.66 and a beta of 0.84.

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.