Kingswood Wealth Advisors LLC Increases Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Kingswood Wealth Advisors LLC raised its position in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 18.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,784 shares of the company’s stock after acquiring an additional 2,963 shares during the period. Kingswood Wealth Advisors LLC’s holdings in iShares Core Dividend Growth ETF were worth $1,091,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in iShares Core Dividend Growth ETF by 1.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 8,543,205 shares of the company’s stock worth $459,795,000 after acquiring an additional 85,304 shares during the period. Capital Investment Advisors LLC increased its stake in iShares Core Dividend Growth ETF by 2.7% during the 4th quarter. Capital Investment Advisors LLC now owns 7,024,881 shares of the company’s stock worth $378,079,000 after buying an additional 183,410 shares during the period. Royal Bank of Canada increased its stake in iShares Core Dividend Growth ETF by 5.3% during the 3rd quarter. Royal Bank of Canada now owns 5,601,527 shares of the company’s stock worth $277,444,000 after buying an additional 280,775 shares during the period. Wells Fargo & Company MN lifted its holdings in iShares Core Dividend Growth ETF by 11.0% in the 4th quarter. Wells Fargo & Company MN now owns 5,252,724 shares of the company’s stock worth $282,702,000 after buying an additional 518,671 shares in the last quarter. Finally, Truist Financial Corp boosted its position in iShares Core Dividend Growth ETF by 4.1% in the 4th quarter. Truist Financial Corp now owns 3,434,189 shares of the company’s stock valued at $184,828,000 after buying an additional 134,285 shares during the last quarter.

iShares Core Dividend Growth ETF Stock Performance

Shares of NYSEARCA DGRO traded down $0.14 during midday trading on Wednesday, reaching $57.63. 900,731 shares of the company’s stock were exchanged, compared to its average volume of 1,462,735. The stock has a market capitalization of $27.28 billion, a PE ratio of 19.25 and a beta of 0.71. iShares Core Dividend Growth ETF has a 52-week low of $47.19 and a 52-week high of $58.61. The business’s fifty day moving average price is $57.27 and its two-hundred day moving average price is $56.01.

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.