Litman Gregory Wealth Management LLC Has $4.09 Million Stock Holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Litman Gregory Wealth Management LLC raised its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 7.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 76,042 shares of the company’s stock after acquiring an additional 5,276 shares during the quarter. Litman Gregory Wealth Management LLC’s holdings in iShares Core Dividend Growth ETF were worth $4,093,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Raleigh Capital Management Inc. acquired a new stake in shares of iShares Core Dividend Growth ETF in the third quarter worth $26,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the third quarter worth $27,000. Benjamin Edwards Inc. lifted its stake in shares of iShares Core Dividend Growth ETF by 151.3% in the second quarter. Benjamin Edwards Inc. now owns 573 shares of the company’s stock worth $30,000 after buying an additional 345 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of iShares Core Dividend Growth ETF in the second quarter worth $33,000. Finally, Phillips Financial Management LLC acquired a new stake in shares of iShares Core Dividend Growth ETF in the third quarter worth $37,000.

iShares Core Dividend Growth ETF Trading Up 0.7 %

NYSEARCA:DGRO traded up $0.41 during trading hours on Friday, hitting $55.71. 1,462,521 shares of the company traded hands, compared to its average volume of 1,608,759. The stock has a market capitalization of $26.23 billion, a price-to-earnings ratio of 18.84 and a beta of 0.89. iShares Core Dividend Growth ETF has a twelve month low of $47.19 and a twelve month high of $58.19. The firm has a 50-day moving average of $56.52 and a 200 day moving average of $53.51.

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.