Wealth Enhancement Advisory Services LLC Has $38.48 Million Stock Position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO)

Wealth Enhancement Advisory Services LLC grew its position in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 622,905 shares of the company’s stock after buying an additional 8,322 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.13% of iShares Core Dividend Growth ETF worth $38,483,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in DGRO. Gotham Asset Management LLC boosted its position in shares of iShares Core Dividend Growth ETF by 24.1% in the fourth quarter. Gotham Asset Management LLC now owns 93,152 shares of the company’s stock worth $5,714,000 after buying an additional 18,113 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in iShares Core Dividend Growth ETF during the 4th quarter worth about $3,573,000. Ranch Capital Advisors Inc. boosted its position in iShares Core Dividend Growth ETF by 1.7% during the 4th quarter. Ranch Capital Advisors Inc. now owns 18,632 shares of the company’s stock worth $1,143,000 after acquiring an additional 317 shares during the period. Empowered Funds LLC acquired a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth approximately $94,000. Finally, Vontobel Holding Ltd. acquired a new stake in shares of iShares Core Dividend Growth ETF during the fourth quarter worth approximately $282,000.

iShares Core Dividend Growth ETF Stock Performance

DGRO stock opened at $62.26 on Friday. The stock has a market cap of $31.07 billion, a P/E ratio of 20.47 and a beta of 0.85. The firm has a 50 day simple moving average of $61.13 and a 200 day simple moving average of $61.77. iShares Core Dividend Growth ETF has a 52 week low of $54.09 and a 52 week high of $65.08.

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.