Bernard Wealth Management Corp. Boosts Position in iShares Core Dividend Growth ETF $DGRO

Bernard Wealth Management Corp. boosted its stake in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 1,822.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,098 shares of the company’s stock after purchasing an additional 118,591 shares during the quarter. iShares Core Dividend Growth ETF comprises approximately 3.6% of Bernard Wealth Management Corp.’s portfolio, making the stock its 6th biggest holding. Bernard Wealth Management Corp.’s holdings in iShares Core Dividend Growth ETF were worth $8,517,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LongView Wealth Management raised its position in shares of iShares Core Dividend Growth ETF by 58.3% during the 3rd quarter. LongView Wealth Management now owns 11,652 shares of the company’s stock valued at $793,000 after buying an additional 4,290 shares in the last quarter. S.E.E.D. Planning Group LLC bought a new position in iShares Core Dividend Growth ETF in the third quarter valued at $348,000. Fifth Third Securities Inc. increased its stake in iShares Core Dividend Growth ETF by 8.0% in the third quarter. Fifth Third Securities Inc. now owns 478,855 shares of the company’s stock valued at $32,600,000 after acquiring an additional 35,390 shares during the last quarter. BNC Wealth Management LLC purchased a new stake in iShares Core Dividend Growth ETF during the third quarter valued at about $201,000. Finally, FC Advisory LLC lifted its stake in iShares Core Dividend Growth ETF by 1.3% during the third quarter. FC Advisory LLC now owns 190,990 shares of the company’s stock worth $13,003,000 after purchasing an additional 2,430 shares during the last quarter.

iShares Core Dividend Growth ETF Trading Up 0.6%

DGRO opened at $69.80 on Tuesday. The stock has a market capitalization of $35.42 billion, a P/E ratio of 19.66 and a beta of 0.84. The stock has a 50-day moving average price of $68.75 and a 200-day moving average price of $66.78. iShares Core Dividend Growth ETF has a 12-month low of $54.09 and a 12-month high of $70.61.

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.