GRIMES & Co WEALTH MANAGEMENT LLC Increases Position in iShares Core Dividend Growth ETF $DGRO

GRIMES & Co WEALTH MANAGEMENT LLC raised its holdings in iShares Core Dividend Growth ETF (NYSEARCA:DGRO) by 58.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 45,767 shares of the company’s stock after acquiring an additional 16,860 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in iShares Core Dividend Growth ETF were worth $3,116,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Proathlete Wealth Management LLC purchased a new position in iShares Core Dividend Growth ETF during the second quarter worth approximately $25,000. Private Wealth Asset Management LLC acquired a new position in shares of iShares Core Dividend Growth ETF during the 2nd quarter valued at about $28,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of iShares Core Dividend Growth ETF in the second quarter valued at about $29,000. Keystone Global Partners LLC acquired a new stake in iShares Core Dividend Growth ETF during the second quarter worth about $30,000. Finally, Advantage Trust Co acquired a new stake in iShares Core Dividend Growth ETF during the second quarter worth about $32,000.

iShares Core Dividend Growth ETF Price Performance

NYSEARCA:DGRO opened at $70.94 on Wednesday. The company’s 50-day moving average is $69.38 and its two-hundred day moving average is $67.60. iShares Core Dividend Growth ETF has a 1-year low of $54.09 and a 1-year high of $71.18. The firm has a market capitalization of $36.77 billion, a price-to-earnings ratio of 19.66 and a beta of 0.84.

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.