Red Crane Wealth Management LLC Acquires Shares of 26,382 iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Red Crane Wealth Management LLC purchased a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 26,382 shares of the company’s stock, valued at approximately $1,618,000. iShares Core Dividend Growth ETF comprises approximately 1.5% of Red Crane Wealth Management LLC’s holdings, making the stock its 23rd biggest position.

A number of other hedge funds also recently added to or reduced their stakes in the company. Pasadena Private Wealth LLC lifted its holdings in shares of iShares Core Dividend Growth ETF by 1.1% during the fourth quarter. Pasadena Private Wealth LLC now owns 15,236 shares of the company’s stock valued at $935,000 after purchasing an additional 161 shares in the last quarter. Lincoln Capital LLC raised its position in iShares Core Dividend Growth ETF by 1.7% in the 4th quarter. Lincoln Capital LLC now owns 10,020 shares of the company’s stock worth $615,000 after buying an additional 168 shares during the last quarter. Adell Harriman & Carpenter Inc. lifted its stake in iShares Core Dividend Growth ETF by 1.6% during the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 10,613 shares of the company’s stock valued at $665,000 after acquiring an additional 170 shares during the period. Empire Financial Management Company LLC boosted its holdings in shares of iShares Core Dividend Growth ETF by 2.7% during the 3rd quarter. Empire Financial Management Company LLC now owns 6,459 shares of the company’s stock valued at $405,000 after acquiring an additional 171 shares during the last quarter. Finally, Bluesphere Advisors LLC grew its stake in shares of iShares Core Dividend Growth ETF by 2.8% in the fourth quarter. Bluesphere Advisors LLC now owns 6,499 shares of the company’s stock worth $399,000 after acquiring an additional 177 shares during the period.

iShares Core Dividend Growth ETF Stock Up 0.3 %

DGRO opened at $63.89 on Wednesday. iShares Core Dividend Growth ETF has a twelve month low of $55.08 and a twelve month high of $65.08. The firm has a 50 day moving average price of $62.62 and a 200-day moving average price of $62.61. The stock has a market capitalization of $30.25 billion, a price-to-earnings ratio of 19.25 and a beta of 0.71.

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.