ADG Wealth Management Group LLC Makes New $4.14 Million Investment in iShares International Dividend Growth ETF (BATS:IGRO)

ADG Wealth Management Group LLC acquired a new position in iShares International Dividend Growth ETF (BATS:IGRO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 60,944 shares of the company’s stock, valued at approximately $4,142,000. iShares International Dividend Growth ETF makes up 3.7% of ADG Wealth Management Group LLC’s investment portfolio, making the stock its 11th biggest holding. ADG Wealth Management Group LLC owned 0.62% of iShares International Dividend Growth ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Confluence Wealth Services Inc. boosted its holdings in shares of iShares International Dividend Growth ETF by 5.1% in the 4th quarter. Confluence Wealth Services Inc. now owns 124,778 shares of the company’s stock worth $8,662,000 after purchasing an additional 6,022 shares in the last quarter. Fifth Third Securities Inc. boosted its holdings in iShares International Dividend Growth ETF by 16.5% during the 4th quarter. Fifth Third Securities Inc. now owns 130,814 shares of the company’s stock valued at $8,890,000 after acquiring an additional 18,538 shares during the period. Lowe Wealth Advisors LLC boosted its holdings in iShares International Dividend Growth ETF by 198.4% during the 4th quarter. Lowe Wealth Advisors LLC now owns 28,794 shares of the company’s stock valued at $1,957,000 after acquiring an additional 19,144 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares International Dividend Growth ETF by 50.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 259,532 shares of the company’s stock valued at $19,359,000 after acquiring an additional 87,583 shares during the period. Finally, Anchor Investment Management LLC purchased a new stake in iShares International Dividend Growth ETF during the 3rd quarter valued at about $2,257,000.

iShares International Dividend Growth ETF Price Performance

Shares of IGRO stock opened at $71.05 on Friday. The stock has a market capitalization of $696.33 million, a PE ratio of 15.77 and a beta of 0.71. iShares International Dividend Growth ETF has a 1-year low of $51.17 and a 1-year high of $62.69. The business has a 50-day moving average of $69.35 and a 200 day moving average of $71.03.

iShares International Dividend Growth ETF Profile

The iShares International Dividend Growth ETF (IGRO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of international equities that have growing dividends. IGRO was launched on May 17, 2016 and is managed by BlackRock.