Litman Gregory Wealth Management LLC Raises Stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Litman Gregory Wealth Management LLC lifted its stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 102.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 350,453 shares of the company’s stock after acquiring an additional 177,097 shares during the period. iShares Core Dividend Growth ETF accounts for approximately 1.9% of Litman Gregory Wealth Management LLC’s portfolio, making the stock its 12th biggest position. Litman Gregory Wealth Management LLC owned about 0.07% of iShares Core Dividend Growth ETF worth $21,497,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. 4J Wealth Management LLC lifted its holdings in iShares Core Dividend Growth ETF by 7.3% in the fourth quarter. 4J Wealth Management LLC now owns 170,960 shares of the company’s stock valued at $10,487,000 after acquiring an additional 11,695 shares during the last quarter. Concord Asset Management LLC VA raised its position in iShares Core Dividend Growth ETF by 4.7% in the fourth quarter. Concord Asset Management LLC VA now owns 207,868 shares of the company’s stock valued at $12,751,000 after purchasing an additional 9,333 shares during the period. Chicago Partners Investment Group LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 2.3% in the 4th quarter. Chicago Partners Investment Group LLC now owns 30,279 shares of the company’s stock valued at $1,858,000 after purchasing an additional 689 shares during the last quarter. Clear Creek Financial Management LLC lifted its stake in shares of iShares Core Dividend Growth ETF by 9.4% in the 4th quarter. Clear Creek Financial Management LLC now owns 25,959 shares of the company’s stock valued at $1,592,000 after purchasing an additional 2,222 shares during the last quarter. Finally, Heck Capital Advisors LLC purchased a new position in shares of iShares Core Dividend Growth ETF during the 4th quarter worth $388,000.

iShares Core Dividend Growth ETF Trading Down 0.4 %

Shares of DGRO opened at $63.47 on Friday. The company’s 50-day moving average price is $62.71 and its 200 day moving average price is $62.04. iShares Core Dividend Growth ETF has a 12-month low of $54.31 and a 12-month high of $65.08. The firm has a market cap of $30.05 billion, a P/E ratio of 19.25 and a beta of 0.71.

About iShares Core Dividend Growth ETF

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.